According to the Social Class Model Developed by Sociologist Dennis

question 108

Multiple Choice

According to the social class model developed by sociologist Dennis Gilbert,the____________________________________________________________________________________ members (about one percent of the U.S.population) own substantial income-producing assets and operate on both the national and international levels.People in this class have an influence on the economy and society far beyond their numbers.

• A)upper-middle class
• B)upper class
• C)middle-middle class
• D)middle class

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Definitions:

Entertainment Industry

A sector of the economy that encompasses the production and distribution of content created to entertain and engage audiences, including films, music, television, and video games.

Microeconomics

Microeconomics is the branch of economics that studies how individuals, households, and firms make decisions to allocate limited resources, typically in markets where goods or services are being bought and sold.

Rational Self-Interest

The economic theory that individuals will make decisions based on the best outcome for themselves, maximizing their utility or benefit.

Exhaustive Research

In-depth and comprehensive investigation aimed at covering all aspects and details of a specific topic, subject, or problem.