Which of the Following Characteristics Constitutes One's Socioeconomic Status

question 50

Multiple Choice

Which of the following characteristics constitutes one's socioeconomic status?

• A) level of income, level of education, and prestige of occupation
• B) level of income, level of political participation, and number of friends
• C) level of income, level of political participation, and level of intelligence
• D) level of education, number of friends, and age
• E) level of education, level of political participation, and age

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Definitions:

Sherman Act

A landmark federal statute passed by Congress in 1890 that prohibits certain business activities considered to be anti-competitive, and requires the federal government to investigate and pursue trusts.

U.S. Antitrust Laws

Laws implemented to prevent anticompetitive practices, monopolies, and to promote fair competition for the benefit of consumers.

Foreign Corrupt Practices Act

A U.S. law passed in 1977 aimed at preventing companies from bribing foreign officials to gain a business advantage.

American Company

A business organization that is registered and operates in the United States, adhering to the laws and regulations of the country.