Occupation is a major determinant of wealth, income, power, and prestige.

Question

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Occupation plays a significant role in determining an individual's social and economic status. People working in high-paying jobs like doctors, engineers, lawyers, or business executives have better chances of accumulating wealth, attaining a higher income, more power, and prestige than those employed in low-paying jobs like janitors or retail store workers. Therefore, occupation stands as a major determinant of an individual's life chances and social position.

Occupation Is a Major Determinant of Wealth, Income, Power, and Prestige