The Key Difference Between Georg Simmel and Thorstein Veblen's Theories

question 20

True/False

The key difference between Georg Simmel and Thorstein Veblen's theories of stratified consumption is that Simmel thinks the lower classes invent their own fashionable styles,while Veblen thinks they simply mimic the taste of the upper class.

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Definitions:

Fair

Equitable, just, and impartial treatment of all individuals, especially in contexts such as the workplace or legal matters.

Kind

Having or showing a friendly, generous, and considerate nature.

Trusting

The willingness to believe in the reliability, truth, ability, or strength of someone or something based on positive expectations of future behavior.

Spheres of Life

Represents the different areas or aspects of an individual's existence, such as personal, professional, social, and spiritual domains.