Examlex
An acceptance can impose new conditions or change the terms of the original offer without rejecting it.
Socio-economic Status
A measure of an individual's or group's economic and social position in relation to others, based on income, education, and occupation.
Conspicuous Consumption
The act of buying and using products to make a statement about social status rather than to meet the basic needs.
Closed System
A social system in which status is based on attributes ascribed at birth.
Ascribed Status
Attributes (advantages and disadvantages) assigned at birth (e.g., sex).
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