The Ideology That Justifies the Capitalist System of Stratification Is

question 97

Multiple Choice

The ideology that justifies the capitalist system of stratification is centered on

• A) the role of wealth.
• B) individual achievement.
• C) the role of the state.
• D) progressive innovation.

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Definitions:

Substitute Good

A product or service that consumers can use in place of another product or service, often when prices rise or the original becomes unavailable.

Wood Pulp

A material prepared from wood by a chemical or mechanical process used in the production of paper and cellulose products.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price within a specified time period.

Quantity Demanded

the total amount of a good or service that consumers are willing and able to purchase at a given price in a specified period.