The overall rank of people within a society according to the value assigned to such factors as family background, education, occupation, and income is known as which of the following?
  1. Social class
  2. Market share
  3. Market segmentation
  4. Social segregation
Explanation
Answer: A- The overall rank of people within a society according to the value assigned to such factors as family background, education, occupation, and income is known as social class.
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