In Explaining Racialized Inequality, Which Sociological Perspective Argues That Inequality

question 18

Multiple Choice

In explaining racialized inequality, which sociological perspective argues that inequality is inevitable, but only in systems that are organized around profit, class, and private property?

• A) Conflict
• B) Collective Definition
• C) Functionalism
• D) Interactionism

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Definitions:

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Economic Value Added

A measure of a company's financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision, representing the benefits one misses out on when choosing one option over another.

Return On Equity

A measure of a corporation's profitability that reveals how much profit a company generates with the money shareholders have invested.