Exam 12: Income and Social Class

John Jones purchases products to show visible evidence of his ability to afford luxury goods, John is practicing ________.

A person who receives rewards and status because of his hard work is said to have ________ status.

Allison is considered part of the "luxury is functional' group. Given this information, describe Allison's attitude about luxury and how she spends her money.

The average American's standard of living continues to improve due to two key factors. What are these factors? Provide explanatory comments about each factor.

Samuel would like to use occupational prestige to measure social class, but his study is international, and prestige of occupation changes from one culture to the next.

The prestige of occupations varies dramatically from one culture to the next.

Which of the following is NOT listed as a determiner of how much a person will save (saving rate)?

Lower-class men are more likely than middle-class men to have a general sense of empowerment.

A sophisticated form of conspicuous consumption is called parody display.

Mothers with preschool children are the fastest-growing segment of working people.

The American rich often indulge in luxury goods while pinching pennies on everyday items.

Consumers who buy everything in sight are called ________.

How does the worldview difference in social class help explain why the sons and daughters of working-class families typically spend their entire lives living within a hundred miles of where they were raised?

A member of ________ has recently gained personal wealth and may experience status anxiety. Such individuals may try to display symbols of their success to make up for an internal lack of assurance about the "correct" way to behave.

An example of social mobility is when a consumer moves from one social class to another.

The best predictor of major expenditures that do not have status or symbolic value is ________.

What modern American ceremony would come closest in intent to a Native American potlatch?

Most groups exhibit a structure called a ________ in which some members are somehow better off than others in terms of authority, power, or respect.

With respect to social organization, some barnyard animals exhibit signs of a dominance-submission hierarchy. Which of the following terms best illustrates such a hierarchy?

American spendthrifts outnumber American tightwads.