The Caste System of Stratification Can Be Best Classified As

question 1

Multiple Choice

The caste system of stratification can be best classified as:

• A) an open system in which a person's intelligence and hard work determine social position
• B) an open system in which individuals can move out of the social position in which they are born
• C) a closed system in which all individuals stay within the social position they are born into
• D) a closed system in which people are able to own other individuals as property

---

Definitions:

Accounting Period

The specific time period covered by financial statements, often a fiscal year or quarter, within which all financial transactions are recorded and reported.

Investments

Assets or items purchased with the expectation that they will generate income or appreciate in value over time.

Withdraw

The act of taking money out of a business by an owner for personal use or removing oneself from a business arrangement or partnership.

Revenue

Sum total of revenues earned from transactions involving goods or services that are fundamental to a company's main line of business.