Examlex
Which of the following components of identity is usually established earliest?
Social Strata
Layers within a society, formed based on various criteria such as wealth, occupation, and education, which define a person's social standing or class.
Pecking Order
A social hierarchy among a group, where individuals or entities are ranked relative to each other.
Luxury-Goods Spending
The expenditure on products and services that are considered high-quality, prestigious, and often more expensive than necessary.
Consumer Optimism
The tendency of consumers to hold positive expectations about the overall economy or their personal financial situation.
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