According to Functionalists Kingsley Davis and Wilbert Moore, the United

question 38

Multiple Choice

According to functionalists Kingsley Davis and Wilbert Moore, the United States is which of the following?

• A)A society in which personal success is based on geographic location.
• B)A society in which personal success is based on gender.
• C)A society in which personal success is based on one's place in the stratification system.
• D)A society in which personal success is based on talent and individual effort.

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Definitions:

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with fixed dividends.

Stock Dividend

A dividend payment made in the form of additional shares rather than cash, increasing the number of shares owned by shareholders.

Retained Earnings

The portion of net income that is retained by a company rather than distributed to its shareholders as dividends.

Contributed Capital

Funds raised by a company in exchange for its shares, representing the equity capital contributed by the shareholders.