In 1966, Oscar Lewis Argued That the Crushing Lifestyle of Lower-Class

question 10

Multiple Choice

In 1966, Oscar Lewis argued that the crushing lifestyle of lower-class areas produce ____, which is/are passed from one generation to the next.

• A) culture conflict
• B) a culture of poverty
• C) differential opportunity
• D) behavior conflict

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Definitions:

Plant Assets

Long-term tangible assets used in the operation of a business that are not intended for resale, such as machinery and buildings.

Loss on Disposal

The loss incurred when the selling price of an asset is less than its carrying amount at the time of disposal.

Plant Asset

A long-term tangible asset used in the operation of a business that is not intended for sale.

Book Value

The net value of a company's assets, subtracting liabilities from the total assets; also refers to the value of an asset as per accounting records.