Who Argued That Social Stratification Is Functional,ensuring That the Most

question 74

Multiple Choice

Who argued that social stratification is functional,ensuring that the most talented people fill the roles they are best suited for by rewarding them accordingly?

• A) Karl Marx
• B) Kingsley Davis and Wilbert E. Moore
• C) Melvin Tumin
• D) Max Weber
• E) Erik Olin Wright

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Definitions:

Equity

The value of an ownership interest in property, including shareholders' equity in a corporation, representing assets minus liabilities.

Stock Repurchase

A company's buyback of its own shares from the marketplace, reducing the number of outstanding shares, which can increase the value of remaining shares.

Investment

The process of distributing funds or resources in anticipation of earning profits or income.

Profitable

A financial status indicating that the revenue of an entity is greater than its expenditures over a specified period, resulting in a net gain.