Answer: Status is a term often used in sociology. There are generally two types of status, achieved status and ascribed status.
Each can refer to the position, or role, within a social system - child, parent, student, playmate, etc. - or the economic or social position within that status.
Achieved status is one that is earned on merit; It is a position that is won or chosen and reflects the skills, abilities and efforts of a person. Being a professional athlete, for example, is a status earned, as is being a lawyer, college professor or even a criminal.
Assigned status, on the other hand, is beyond the control of an individual. It is not deserved, but it is something that people are born with or have no control over. Examples of assigned status include gender, race, and age. Children generally have more assigned status than adults, as they generally have no choice in most issues.
Explanation:
Entrepreneurs can change the way we live and work. If successful, their revolutions may improve our standard of living. In short, in addition to creating wealth from their entrepreneurial ventures, they also create jobs and the conditions for a flourishing society.
Answer:
Discovering the world and claiming it Spain.
Explanation:
Christopher Columbus gained power for Spain by "discovering" the New World and claiming it for Spain. ... Spain profited greatly from its colonies in the Americas. The mines of Mexico and Peru, in particular, gave Spain huge amounts of money that it could use to fund its military and increase its power.
Price support will be beneficial to producers but costly to consumers.
Price support refers to efforts by a government to keep the price of a commodity higher than it should be were it priced based on supply and demand.
Ways the government can do this include:
- Subsidies
- Production quotas - limiting the quantity produced
- Price controls
Price supports make prices higher than they should be which would give producers more profit therefore tennis racket producers benefit.
On the other hand, they make things more expensive for consumers who will be forced to spend more than they usually do on tennis rackets thereby making it costly to them.
In conclusion, price controls help producers but are costly to consumers.
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