Exam 5: Heading the Hierarchy: Upper Class or Superclass

The rich in the 19^th century put their wealth on full display by doing all except

The American corporate structure is made up primarily of individuals from

Schools for the rich help children from wealthy families by doing all except

Elite social clubs

Upper-class mothers leave their nannies to raise their children.

An organization formed when family members pool some of their resources and hire experts to handle their investments, charitable giving activities, and donations is called a

The organization that celebrates upper-class families' status is called the

Before banking became prominent in the nineteenth century, affluent people had a lot of wealth but not which of the following?

Superclass members are less often engaged in the public-policy process due to their lack of social capital.

The power elite has had a major impact on the U.S. economy.

Nannies are helpful in providing the children of the upper-class with the cultural capital they will need to do well in the future.

Tax beaks for corporations and the very wealthy are due to

Elite social clubs have become less prestigious due to their open-door policy where anyone who can afford to, can purchase a day pass for entry.

The rags to riches experience of one who was born poor becoming wealthy is a common feature shared by the majority of wealthy individuals in the U.S.

There are fewer liberal policy think tanks than conservative ones.

How do prestigious colleges and universities and elite social clubs perpetuate the upper classes?

The Fortunate 500 list shows that women and minorities are underrepresented on its boards of directors

In order to increase their wealth, individuals or families with extensive financial assets may open a family business.

How does gaining membership into the Social Register exemplify status differences between the old rich and the new rich?

Globalization and technology change made a significant impact on producing new rich people.