In the US Many People Deny the Existence of Social Classes Because

question 25

Multiple Choice

In the U.S. many people deny the existence of social classes because

• A) we have a culture of denial.
• B) we don't fully understand what a social class is.
• C) we have an ideology that hard work and strong character can transform anyone into a success.
• D) we compare ourselves only with the most stratified societies, so we look equal in comparison.

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Definitions:

Real GDP

The total value of all goods and services produced by a country adjusted for inflation, providing a more accurate measure of economic output over time.

Intermediate Goods

Products that are used as inputs in the production of other goods or services and are not final products themselves.

GDP

Gross Domestic Product (GDP) measures the total monetary value of all goods and services produced over a specific time period within a country's borders.

Social Security

A government program that provides financial assistance to individuals during retirement, disability, or upon the occurrence of other social risks.