The Functional Approach to Social Class Categorisation Is Based On

question 16

Multiple Choice

The functional approach to social class categorisation is based on:

• A) occupational role, income and living conditions.
• B) the status of an individual's peer and reference groups.
• C) an individual's status in a community.
• D) the dollar value of the house an individual lives in.

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Definitions:

Telephone Wire

The physical medium through which electrical signals for voice communication are transmitted over distances, traditionally made of copper.

Price Elasticity

Price elasticity measures how the quantity demanded or supplied of a good changes in response to a change in its price, crucial for understanding market dynamics.

Aggregate Demand

Aggregate demand is the total demand for all goods and services in an economy at a given overall price level and in a given time period.

Tennis Balls

are small, fluorescent colored balls covered with felt, used in the game of tennis.