Answer:
Two occupations:
Lawyer - average salary $120,000. They are law specialists as the name implies.
They have some prestige among the general population, but many people also have a negative opinion of them.
To become a lawyer, at least 6 or 7 years of higher education are needed.
Nurse - average salary $71,000. Nurses are healthcare specialists, they work closely with doctors and other healthcare workers.
They do not require as much years of higher education as a lawyer, but their job tends to be complicated in many aspects.
Who do you believe each individual's peers are? How might the peer groups impact the choices made by each individual?
Lawyers' peers are mainly other lawyers working in different sectors: for example, judges, prosecutors, bank laywers. Lawyers working in crime law tend to have a lot of contact with law enforcement: police and military.
Nurses' peers are again, mostly other nurses, but also doctors, physioterapists, paramedics, and healthcare professionals in general. This is because nurses tend to work many hours in hospitals.
The choices of lawyers are probably more sided toward expensive things, because they tend to have more income: eating out at more expensive restaurants, living in upper-middle class neighborhoods, sending their children to expensive schools, and so on.
Nurses, because they have less income on average, will probably choose similar things, just that they are cheaper (less expensive restaurants, living in a middle or lower middle class neighborhood).
Describe how a person can have power and prestige without a large income
Nurses are a good example. Nurses, because of the kind of job they do (caring for the sick, the elderly, etc), are seen as have more prestige than other professionals that have higher incomes on average, for example, lawyers or investment bankers.
