Examlex
The What Went Wrong? feature in Chapter 7 focuses on the failure of Green Plant, a company that sold smoothie drinks. Green Plant failed in part because it was sued by Jamba Juice for:
Social Differentiation
The process by which a society becomes increasingly specialized over time, leading to individuals and groups fulfilling different roles and tasks.
Social Stratification
The hierarchical organization of individuals in a society based on wealth, power, education, race, or other characteristics.
Varied Statuses
Refers to the existence of multiple positions that an individual occupies within society, each of which carries different levels of prestige, privilege, and power.
Poverty Rate
The proportion of a population living below the poverty line, reflecting the percentage of individuals or households earning less than a certain income threshold.
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