What Is the Difference Between Social Stratification and Social Differentiation

question 5

Multiple Choice

What is the difference between social stratification and social differentiation?

• A) Social differentiation involves grouping people by hierarchical rank.
• B) Social stratification involves grouping people by hierarchical rank.
• C) Social stratification involves categorizing people by attributes such as age or what they do for a living.
• D) Social differentiation involves categorizing people as superior or inferior.

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Definitions:

Consolidation

The process of combining multiple accounts or businesses into a single entity, often for the purpose of simplifying financial statements or achieving operational efficiencies.

Holding Company

A company that owns other companies. A parent company.

Leveraged Buyout

A financial transaction where a company is acquired primarily with borrowed funds, often with the assets of the company being acquired used as collateral for the loans.

Economies of Scale

The cost advantage that arises with increased output of a product, as fixed costs are spread over more units.