A social class is a grouping of people into hierarchical social divisions, the most frequent of which are the high, middle, and bottom classes.
<h3>What is the difference between the three?</h3>
Reputational method: Members of the society are asked to rank other members of the society based on what they know about their personality and culture.
Subjective method: People are asked to evaluate their own social standing using a subjective method.
Objective method: Wealth, profession, and schooling are used to define social class.
Thus, Option D is the correct option that is all of the above.
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It is the study of human activity. These can be analyzed through the artifacts
and structures left behind by these ancient races. It gives clues as to their origins, culture,
beliefs and capabilities. Studying the
objects judges how intelligent and skillful they were during the time they
existed in that area.
The answer is economy. The Economy helps manage scarcity as
well as abundance on the daily needs of one person. It helps provide the needs
of the people as to contribute to the countries. It also helps manage our
wants.
if individuals acting in their self-interest produce outcomes that were not part of their intention or design but benefit society as a whole, this is a demonstration of invisible hand.
The metaphor of the "Invisible Hand" refers to the unanticipated societal advantages and public good that result from people acting in their own self-interest. In his book The Wealth of Nations from the eighteenth century, economist Adam Smith is usually credited with popularizing the idea.
The first time Adam Smith used the term "Invisible Hand," he was referring to his observation that money does not exist in a vacuum and that people acting in their own self-interest will eventually behave in the best interests of the larger welfare of society.
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