Which of the following refers to an individual's economic position in society?

Question

Quizplus · Accepted Answer

Class refers to an individual's economic position in society. While income and wealth are both important factors in determining class, class encompasses not only economic factors but also social and cultural characteristics such as education level, occupation, and lifestyle. Life chances are related to an individual's class, but refer to the opportunities and potential trajectories available to them based on their social and economic background. Therefore, D is the most accurate answer.

Which of the Following Refers to an Individual's Economic Position