Use the Following to Answer Questions

question 4

Multiple Choice

Use the following to answer questions:
Figure: The Business Cycle
-(Figure: The Business Cycle) Look at the figure The Business Cycle. The movement from point B to C is called a(n) :

• A)trough.
• B)expansion.
• C)depression.
• D)peak.

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Definitions:

Class Status

The ranking of an individual or group in a hierarchical social structure, often based on wealth, profession, education, or lineage.

Max Weber

A German sociologist, philosopher, and political economist whose ideas profoundly influenced social theory and social research.

Pierre Bourdieu

A French sociologist who developed key concepts such as cultural capital, habitus, and field to explain social stratification and power dynamics.

Snap Judgments

Quick decisions or opinions formed on the basis of first impressions or insufficient information, often influenced by biases and stereotypes.