Why Has the Study of Status Attainment Looked Less at the Individual

question 11

Multiple Choice

Why has the study of status attainment looked less at the individual or the differences between a person and their parents?

• A) Attainment cannot take place outside of structural networks, hierarchies, organizational career pathways, and the like.
• B) Because of the economic shift from manufacturing to service industries.
• C) Technological changes have obviated many of the older routes of attainment, making them less and less relevant.
• D) There is now more intergenerational mobility.

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Definitions:

Consumption Spending

Expenditures by households on goods and services, excluding new housing.

Investment Spending

Expenditures on capital goods used to produce goods and services in future periods.

Recessions

Periods of economic decline during which trade and industrial activity are reduced, identified by a fall in GDP in two successive quarters.

Aggregate-Demand Curve

A graphical representation showing the relationship between the overall price level in the economy and the total demand for goods and services.