Class Position at Birth Influences One's ______ Chances-The Opportunities and Obstacles

question 54

Essay

Class position at birth influences one's ______ chances-the opportunities and obstacles the person will encounter in education,social life,and work that affect social mobility.

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Definitions:

Goods And Services

The output of an economy, consisting of both tangible products (goods) and intangible activities (services) that provide value to consumers.

Willing And Able

Describes consumers who have both the desire to purchase goods and services and the purchasing power to do so.

Creative Destruction

The hypothesis that the creation of new products and production methods destroys the market power of existing monopolies.

Brick And Mortar Stores

Physical retail outlets where customers can visit in person to purchase goods or services.