Political Ideology Refers to People's Status or Ranking in Society

question 32

True/False

Political ideology refers to people's status or ranking in society with respect to such standards as relative wealth, power, prestige, educational level, or family background.

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Definitions:

Median Earnings

The middle value of earnings in a given distribution, where half of the population earns less and the other half earns more.

Education

The systematic process of facilitating learning and acquiring knowledge, skills, values, beliefs, and habits through methods like teaching, training, storytelling, discussion, and directed research.

Marginal Productivity

The increase in output that results from a one-unit increase in an input, holding all other inputs constant.

Labor Unions

Organizations formed by workers to protect their rights and interests through collective bargaining with employers regarding wages, work hours, and working conditions.