A System Based on Ascribed Characteristics with No Social Mobility

question 2

Multiple Choice

A system based on ascribed characteristics with no social mobility is known as a ________ system.

• A)proletariat
• B)class
• C)caste
• D)bourgeoisie

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Definitions:

CPI

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to estimate inflation.

Real Wages

Income from work, recalibrated to account for the cost of living changes, indicating the real value of earnings.

Economic Rent

Income earned from the use of a resource, above that which is economically or socially necessary, often associated with limited supply or monopoly conditions.

Federal Minimum Wage

The lowest legal hourly pay for many workers, as mandated by federal law.