The Social Class into Which a Consumer Is Born into Is

question 113

Multiple Choice

The social class into which a consumer is born into is referred to as his/her _____ status.

• A) achieved
• B) ideal
• C) ascribed
• D) desired
• E) aspired

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Definitions:

Equal Distribution

The equitable allocation of resources, income, or wealth across different segments of society or among participants in a market or economy.

Social Services

Public and private services designed to aid individuals and communities in need, including healthcare, education, and welfare services.

Competition

The rivalry among businesses to attract customers, increase sales and market share, and achieve a sustainable competitive advantage.