The Lessening of Stratification Often Is Accompanied by Social Unrest

question 28

True/False

The lessening of stratification often is accompanied by social unrest, because that reduction focuses attention on the unfairness of the system.

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Definitions:

Preferences

The tastes, desires, or choices that consumers have regarding products, goods, or services.

Indifference Curves

Graphical representations used in economics to show different combinations of goods or services between which a consumer is indifferent.

Utility

Represents the satisfaction or benefit a consumer receives from consuming a product or service.

Transitivity

In decision theory and economics, transitivity refers to the logical consistency in preference ordering such that if Option A is preferred over B, and B over C, then A should be preferred over C.