Examlex
People learn to hold a specific quantity of money for the groceries, theater tickets, gasoline, clothes, film, and other items they habitually purchase. This behavior is representative of the:
Upper Class
A social group at the top of a socioeconomic hierarchy, usually possessing significant wealth, power, and influence.
Capitalist Economy
An economic system in which private individuals rather than the state own and control property and businesses, and the production of goods and services is based on supply and demand in the market.
Accumulated Wealth
The total assets amassed by an individual, family, or institution over time, including money, investments, real estate, and valuable possessions.
Stratification Systems
Refers to the hierarchical arrangement of individuals in a society based on socioeconomic factors like wealth, race, education, and power.
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