Although the Class System of the U

question 135

Multiple Choice

Although the class system of the U.S.permits social mobility,most people attain the same or similar social class as their parents.This is best described as:

• A) a self-fulfilling prophecy.
• B) the indirect inheritance model.
• C) survival of the fittest.
• D) operant conditioning.

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Definitions:

Maximum Imposed Price

Refers to a price ceiling, which is the highest legal price that can be charged for a product or service, typically set by the government.

Government

The organization or system through which a society or community is governed, typically consisting of various institutions and authorities.

Market

Any structure that allows buyers and sellers to exchange any type of goods, services, and information.

Perfectly Inelastic

A situation in demand where the quantity demanded does not change regardless of changes in price.