Karl Marx described the finance aristocracy as consisting of those whose income is created from ...

Karl Marx described the finance aristocracy as consisting of those whose income is created from nothing..
 
  Indicate whether the statement is true or false

Question 2

Wealth refers exclusively to income.
 
  Indicate whether the statement is true or false

Question 3

Max Weber defined a social class as having similar life chances.
 
  Indicate whether the statement is true or false

Question 4

In the United States there is no relationship between parent's and their children's economic status as adults.
 
  Indicate whether the statement is true or false

Question 5

In the United States, the chances of moving from the highest income category to the lowest income category are actually quite high (about 30 percent).
 
  Indicate whether the statement is true or false

Question 6

In the U.S. the chances of moving from the lowest income category to the highest income category are actually quite high (over 50 percent).
 
  Indicate whether the statement is true or false

Question 7

According to survey data, Americans rank hard work as the number 1 factor contributing to upward economic mobility.
 
  Indicate whether the statement is true or false

Question 8

Theoretically, in class systems of stratification, inequality results from differences in talent and abilities.
 
  Indicate whether the statement is true or false