Believe Stratification Occurs Because Different Groups in Society Are Competing

question 14

Short Answer

believe stratification occurs because different groups in society are competing for limited resources.

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Definitions:

Par Value

The nominal or face value of a security or stock as stated by the issuing company, which might not reflect its market value.

Book Value

The value of an asset according to its balance sheet account balance, which is the cost of the asset minus any depreciation, amortization, or impairment costs made against the asset.

Book Value

The net value of a company's assets minus its liabilities, often used as an estimate of the company's worth.

Common Shares

Equity securities that represent ownership in a corporation, giving shareholders voting rights and a share in the company's profits via dividends.