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Celine Balgobin
on Dec 18, 2024

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Nick comes from the "other side of the tracks." His father spent all his life in the mine and Nick works as a sanitary engineer. All these factors determine his:

A) social stratification.
B) savings rate.
C) consumer confidence.
D) social class.

Social Stratification

A system by which a society ranks categories of people in a hierarchy, based on factors like wealth, income, race, education, and power.

Social Class

A division of a society based on social and economic status.

  • Learn about the determinants of social class and their role in shaping consumer behavior.
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MK
Michael KeelyDec 22, 2024
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