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Between 2000 and 2015, advances in PC production technology increased the supply of PCs sharply. The demand for PCs also increased, but not nearly as much as the supply did. As a result, the price of a PC ________ and the quantity of PCs sold ________.
Class Statuses
Different levels of social hierarchy or prestige within society that are determined by factors such as wealth, occupation, education, and family background.
Everyday Class Consciousness
The awareness of one's own social class and that of others in daily life, affecting interactions and perceptions.
Class Statuses
The ranking or hierarchy of social positions or statuses within a society based on factors like wealth, education, and occupation.
Social Mobility
The capacity for individuals or groups to move within the social hierarchy through changes in income, education, employment, or wealth.
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