In the USAnd Many Other Countries Which of These Is the Basis

question 51

Multiple Choice

In the U.S.and many other countries which of these is the basis of stratification?

• A)the money economy
• B)symbolic exchanges
• C)the ability to own the means of production
• D)the prestige attached to a person's position

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Definitions:

Nineteenth Century

The period from January 1, 1801, to December 31, 1900, marked by major social, economic, and technological changes worldwide.

Standard Oil

A major American company founded by John D. Rockefeller and associates, dominating the oil industry and later broken up due to antitrust laws.

Petroleum Industry

The sector involved in the exploration, extraction, refining, transportation, and marketing of petroleum products.

Antitrust Policy

Government regulations designed to promote competition and prevent monopolies and other forms of market dominance that harm consumers.