What Is Unusual About the Class System in the United

question 51

Multiple Choice

What is unusual about the class system in the United States?

• A) Many people deny the existence of classes.
• B) There is a very high degree of social mobility.
• C) Classes are not directly related to wealth.
• D) We have a low degree of inequality between classes.

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Definitions:

Stock Purchase Plans

Programs offered by companies allowing employees to purchase company stock often at a discount, aiming to align the interests of employees and shareholders.

Stock Option Plans

A compensation strategy that gives employees the option to purchase company stock at a predetermined price at a future date.

Profit-Sharing Plans

A company-wide program that provides employees with a share in the company's profits, usually in the form of a bonus or retirement benefit.

Unions

Organizations formed by workers to collectively negotiate with employers regarding wages, working conditions, and other employment rights and benefits.