The opportunities that people have to fulfill their potential in society is known as:

Question

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Life chances refer to the opportunities that individuals have to achieve their potential and improve their social and economic outcomes. These opportunities can be influenced by a range of factors, including social class, race, gender, and educational attainment. Social stratification refers to the division of society into hierarchical layers based on factors such as wealth, income, and occupation, while social mobility refers to the ability of individuals to move between these layers over time. Arbitrariness and life exchanges are not related to this concept.

The Opportunities That People Have to Fulfill Their Potential in Society