Critics of the Functionalist View Suggest That Stratification Is Immoral

question 11

True/False

Critics of the functionalist view suggest that stratification is immoral because it creates extremes of wealth and poverty and denigrates the people at the bottom.

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Definitions:

Risk Averse

A description of individuals or entities that prefer to avoid risk and seek safer, more predictable outcomes.

Fundamental Analysis

A method of evaluating a security to measure its intrinsic value by examining economic, financial, and other qualitative and quantitative factors.

Rule of 70

A method to estimate the number of years it will take for a variable to double, by dividing 70 by the annual growth rate of the variable.

Interest Rate

The percentage of a sum of money charged for its use, reflecting the cost of borrowing or the return on saving.