Vertical Social Structure Refers to the Social and Physical Characteristics

question 5

True/False

Vertical social structure refers to the social and physical characteristics of a community.

---

Definitions:

Gregarious Guy

A person who is very sociable, enjoys being in crowds, and often engages in social activities.

Idle Production Capacity

Occurs when the service provider is available but there is no demand for the service.

Demand Exceeds

A situation where the demand for a product or service surpasses its supply, often leading to stock shortages or increased prices.

No Demand

A market situation where there is no consumer desire or interest in purchasing a specific product or service.