What Are the Two Major Components of Social Class? Explain

question 82

Essay

What are the two major components of social class? Explain and comment on each component (such as which is more important).

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Definitions:

Employee-Centered

Describes a management approach focusing on employees' needs, growth, and well-being to improve motivation and productivity.

In-Group Exchange

Interactions and transactions that occur within a defined group, often characterized by shared norms and mutual support.

Out-Group Exchange

Interaction that occurs when leaders and followers fail to create a sense of mutual trust, respect, or common fate.

Out-Group

A social group to which an individual does not identify or belong, often leading to them being viewed as "them" versus "us."