Which of the following is most likely a true statement about social class?

1. Members of a social class vary drastically in their values, interests, and behaviors.

2. In the United States, the lines between social classes are fixed and rigid.

3. Social classes show distinct product preferences in areas such as clothing.

4. Wealth is a more important variable than education in measuring social class. Consumers of the same age belong to the same social class

Question

Business

Yadiel Russo

3 December, 16:46

Which of the following is most likely a true statement about social class?

1. Members of a social class vary drastically in their values, interests, and behaviors.

2. In the United States, the lines between social classes are fixed and rigid.

3. Social classes show distinct product preferences in areas such as clothing.

4. Wealth is a more important variable than education in measuring social class. Consumers of the same age belong to the same social class

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Answers (1)

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Barrett Nolan · Answer 1

3) Social classes show distinct product preferences in areas such as clothing.

Explanation:

Individuals that belong to the same social class exhibit similar buying patterns, which are different than those exhibited by people belonging to other social classes.

Social class is defined by an individual's economic status and his/her social hierarchy which is based on social esteem, prestige and success. The main factor in determining the social class of an individual is wealth, but not all the people that possess a similar amount of wealth belong to the same social class.

American society is generally divided into 5 social classes: upper, upper-middle, middle, working and lower. Generally the people belonging to the upper social class possess large inherited wealth (old money), while new rich people belong to the upper-middle class even though they might have even more money.