The Formal Hierarchy of the Four Major Caste Groups

question 9

Multiple Choice

The formal hierarchy of the four major caste groups

• A) corresponded precisely to the jati system
• B) was flexible enough to adapt to the changes in Indian society
• C) was abandoned in light of changing social norms
• D) could not contain the growing complexity of Indian society

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Definitions:

Control Resale

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Price Discrimination

A pricing strategy where the same product or service is sold at different prices to different customers, based on market segment, purchase volume, or other factors.

Monopoly Markets

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Perfectly Competitive Markets

Markets where there are many buyers and sellers, all products are identical, and no single buyer or seller can influence the market price.