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Compare and contrast the structural-functional and conflict views of social stratification. In your discussion, detail the key assumptions from each theory. Finally, show how evolutionary theory draws from both structural-functional theory and conflict theory in its understanding of social stratification. Which theory do you find most accurate and why?
Fiscal Policy
The use of government spending and tax policies to influence economic conditions, including economic growth, inflation, and unemployment.
Monetary Policy
A strategy by which a central bank controls the supply of money in an economy, often targeting interest rates to achieve economic stability or growth.
Federal Reserve
The central banking system of the United States, responsible for setting monetary policy, regulating banks, and ensuring financial stability.
Social Security Act
A U.S. law enacted in 1935 that created a system of transfer payments in which younger, working people support older, retired people.
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