Examlex
Resources are categorized as flexible, which are supplied as needed, and committed, which are supplied in advance of usage.
Socioeconomic Status
A classification of an individual or group's position within a societal hierarchy, based on factors like income, education, and occupation.
Caste System
The Caste System is a form of social stratification defined by hereditary status, often seen in India, where individuals' occupations and social connections are heavily influenced by their caste.
Social Mobility
The ability for individuals or groups to move within the social hierarchy, including upward and downward mobility, which reflects changes in wealth, occupation, education, or social status.
Closed System
A social system with very little opportunity to move from one class to another.
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