List the Tentative Generalizations Offered by Charles Shaninger with Reference

question 48

Essay

List the tentative generalizations offered by Charles Shaninger with reference to social class versus income.

---

Definitions:

Payment

The act of providing money in exchange for goods, services, or to satisfy a debt.

Credited

Recognized or accounted for in financial transactions; often involves adding a sum to an account balance.

Account

A record or statement of financial expenditure and receipts, related to a specific period or purpose, or a contractual arrangement through which an individual or entity receives financial or banking services.

Cheque

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or to a specified person.