Income. amount of money received by an individual or group over a specific time period. Wealth.
Q. Which of the following best describes the Functionalists theory of social stratification?
Which of the following best describes the functionalist theory of social stratification? The inequality of social classes helps assure that the most qualified people fill the most important positions.
Table of Contents
- Q. Which of the following best describes the Functionalists theory of social stratification?
- Q. When Karl Marx spoke of false consciousness he was referring to the working class’s acceptance of capitalist ideas *?
- Q. Which of the following people would most likely be a member of the working poor *?
- Q. What socioeconomic class would a skilled plumber belong to?
- Q. What would be considered part of a person’s wealth?
- Q. How much do I need to retire comfortably at 55?
- Q. How much does the average person have when they retire?
Q. When Karl Marx spoke of false consciousness he was referring to the working class’s acceptance of capitalist ideas *?
When Karl Marx spoke of false consciousness, he was referring to the working class’s acceptance of capitalist ideas. Individuals and groups are able to use power only when others allow them to do so. According to symbolic interactionism, a person’s self-concept helps preserve the existing stratification structure.
Q. Which of the following people would most likely be a member of the working poor *?
Q. Which of the following people would most likely be a member of the working poor? middle class.
Q. What socioeconomic class would a skilled plumber belong to?
The working class They are often called the working poor. Skilled workers in this class—carpenters, plumbers, and electricians—are often called blue collar workers.
Q. What would be considered part of a person’s wealth?
Wealth measures the value of all the assets of worth owned by a person, community, company, or country. Wealth is determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. Essentially, wealth is the accumulation of scarce resources.
Q. How much do I need to retire comfortably at 55?
According to these parameters, you may need 10 to 12 times your current annual salary saved by the time you retire. Experts say to have at least seven times your salary saved at age 55. That means if you make $55,000 a year, you should have at least $385,000 saved for retirement.
Q. How much does the average person have when they retire?
According to this survey by the Transamerica Center for Retirement Studies, the median retirement savings by age in the U.S. is: Americans in their 20s: $16,000. Americans in their 30s: $45,000. Americans in their 40s: $63,000.
