Applying the Four Stratification Theories Discussed in the Text, Describe

question 66

Essay

Applying the four stratification theories discussed in the text, describe three difficulties that a poor elderly minority woman could face in U.S. culture.

---

Definitions:

Budgeting System

A systematic approach to planning and controlling the financial resources of an organization or individual.

Accrual Accounting

Accounting method that records revenues and expenses when they occur, not necessarily when cash actually changes hands.

Credit

Receiving money, goods, or services on the basis of an agreement between the lender and the borrower that the loan is for a specified period of time with a specified rate of interest.

Sale

The exchange of goods or services for money or other consideration.