Answer:
Personal achievements
Explanation:
While class systems are based in part on a person's birth, or class of their parents, an important difference between caste and class systems is that class systems also incorporate the concept of personal <u>achievements</u> in determining one's social position.
In caste system, an individuals social class is already determined at birth, whether poor or rich. However, in class systems, an individuals achievement is important in determining his/her social class. For example, a janitor can be hardworking, gets educated and become successful and thus changing his/her social class, while a child born into affluence may be wasteful and end up poor thus experiencing a downward social mobility.
opportunity cost describes andy's time
<h3>What is
opportunity cost?</h3>
The opportunity cost of a specific activity option in microeconomic theory is the loss of value or benefit that would be experienced by engaging in that activity, as opposed to engaging in an alternative activity that offers a higher return in value or benefit.
The value of the next best alternative or option is referred to as the opportunity cost. This value may or may not be monetary. Value can also be measured using other criteria such as time or satisfaction. One formula for calculating opportunity costs may be the ratio of what you give up to what you receive.
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It is a multifaceted concept, which includes social, economic, and political elements. Absolute poverty or destitution refers to the lack of means necessary to meet basic needs such as food, clothing and shelter.
