Soc 1 Final Exam UCLA Questions with Verified Answers 2024

Soc 1 Final Exam UCLA Questions with Verified Answers 2024 Middle Class families - answerfamilies in which one or more parents are a manager or have a job requiring a college degree Working Class families - answerfamilies in which or more parents have jobs, but their jobs have little/no authority and don't require a college degree Poor families - answerfamilies in which the parent (or parents) do not have continuous employment and depend on public assistance. the economy - answerthe ways in which goods and services are produced and distributed within a social group or society economic inequality - answerunequal distribution of economic resources and circumstances The market - answeran institution in which individuals voluntarily exchange commodities for money economic inequality - answerunequal distribution of economic resources and circumstances Wealth - answerthe total money value of assets already possessed at a particular point in time quintile: a fifth of a population that has been sorted in order of some variable (such as wealth or income)` Class positions - answersets of individuals who have a common location in the unequal distribution of economic resources Class origins - answerThe class positions of the family/ household in which individuals were raised