Social Status That Is Determined by Family Lineage, Gender, Birth

question 22

Multiple Choice

Social status that is determined by family lineage, gender, birth order or skin color is called

• A) Ascribed status.
• B) Achieved status.
• C) Traditional status.
• D) New status.

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Definitions:

Foreign Portfolio Investment

Investments in foreign countries' securities, such as stocks and bonds, without control over the management of those entities.

Net Capital Outflow

The difference between a nation's savings and its investment, representing the amount of domestic capital invested abroad minus the foreign capital invested domestically.

Pound Sterlings

The official currency of the United Kingdom, commonly known as the pound and denoted by GBP, which is one of the world's major currencies.

Bonds

Debt securities issued by entities such as governments or corporations to finance projects or operations, with the promise to repay the principal along with interest.