In a Society Where People Are Segregated Through Language,culture,and Economics,those

question 3

Multiple Choice

In a society where people are segregated through language,culture,and economics,those on the lower end of the social stratification are oppressed and refused the right for upward mobility.Which term best characterizes this type of stratification system?

• A) open
• B) mixed
• C) closed
• D) neutral

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Definitions:

Partnership

A legitimate business partnership that involves several people who collaboratively oversee the operation and profit sharing.

Liquidation

The process of closing a business and distributing its assets to claimants, typically when the company is insolvent.

Noncash Assets

Noncash Assets are assets that are physical or intangible properties owned by a company that are not in the form of cash or easily convertible into cash.

Income Ratios

Financial metrics that compare different aspects of a company's income to its revenues, expenses, or other financial metrics, to assess its profitability.