What Do Sociologists Call It When Large Numbers of People

question 76

Multiple Choice

What do sociologists call it when large numbers of people move up or down the social class ladder as a result of changes to society as a whole?

• A) social welfare
• B) structural mobility
• C) horizontal mobility
• D) intergenerational mobility
• E) social caste

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Definitions:

Gross Profit

The financial term for the difference between revenue and the cost of goods sold, before deducting overheads, payroll, taxation, and interest payments.

Markdown

A reduction in the selling price of goods, typically to clear old stock or attract customers.

Breakeven

The point at which costs or expenses and income are equal, and there is no net loss or gain.

Mark-up

The amount added to the cost price of goods to cover overhead and profit; a percentage of the cost price.