Exam 12: Income and Social Class

Anna is a millionaire but she is constantly stressed and unhappy despite her wealth, Anna is experiencing ________.

Money available to a household over and above what is required to have a comfortable standard of living is called ________.

The flamboyant consumption of the nouveau riche is an example of symbolic self-completion.

Explain what a credit score is and how it relates to social class.

Explain how the relationship between England's class structure and consumption has recently begun to change.

The lower classes use more restrictive codes than do the upper classes. How does this knowledge change the way insurance might be sold to a working-class man compared to an upper-class man?

Our desire to convince others we have a surplus of resources creates the need for us to exhibit the evidence that we do. There are examples, like the potlatch ritual, in modern times.

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

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

Explain the difference between restricted codes and elaborated codes.

________ describes consumers in terms of their aesthetic and intellectual preferences.

Social capital refers to an individual's knowledge of the "right" behavior used in the realm of the upper class.

Of the three groups of attitudes toward luxury, the largest group is "luxury is indulgence"; this view is held by those who demonstrate a family history of public service and philanthropy, and tangible markers of these contributions often enable donors to achieve a kind of immortality.

China's economic boom has created 130 million people in what social class?

All of the following are important components of social class except for ________.

The ability of a person to pass from one social class to another is called ________.

Which of the following variables related to social class distinction is identified by the text as being unclear and the subject of debate with respect to its role as an indicator of social class?

Define discretionary income.

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

List the six social classes.