What Is Exemplified When Elites Are Copied by Classes Below

question 19

Multiple Choice

What is exemplified when elites are copied by classes below them and then adopt a new fashion to differentiate themselves?

• A)trickle-down theory
• B)conspicuous consumption
• C)a cultural omnivore
• D)stratified consumption

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Definitions:

Market-oriented

A business approach focusing on identifying and meeting the desires and needs of customers through the product mix.

Buying Options

Choices available to consumers regarding the types of products or services they can purchase, including different models, features, and payment plans.

Customer Data

Information about customers that companies collect, analyze, and store to understand their needs, behaviors, and preferences for strategic purposes.

Long-term Relationships

Long-term relationships refer to lasting partnerships or interactions between businesses and their stakeholders, aimed at mutual benefit and sustained over time.