Because Our Socioeconomic Status Is Comprised of More Than Just

question 18

Multiple Choice

Because our socioeconomic status is comprised of more than just our economic standing,

• A) a person can be privileged in some ways but not in others
• B) a person's privilege in one area makes their privilege in another inevitable
• C) there is rarely a connection between privilege in different areas
• D) privilege is in the eye of the individual experiencing it

---

Definitions:

Essential Resource

A resource considered vital for the survival of an ecosystem or the well-being of a population.

Patent Rights

Legal protections granted to inventors that give them exclusive rights to make, use, sell, and distribute their inventions for a certain period of time.

Inelastic Demand

A scenario where the product's demand remains largely unaffected despite variations in its price.

Licensing

A requirement that one obtain permission from the government in order to perform certain business activities or work in various occupations.