BU432 Chapter Notes - Chapter 12: Conspicuous Consumption, Baby Food, Upper Class

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Chapter 12 income, social class and family structure. Many of them just reallocate their priorities: debt, which in the past was associated with indulgent shopping behaviour, has become a. Also, spending on other people makes people experience more happiness. Picking a pecking order: people develop a pecking order, in that they are ranked in terms of their relative standing in society, this standing determines their access to resources such as education, housing, and consumer goods. Achieved versus ascribed status allocations are rarely equal within a social group. Most groups exhibit a structure, or status hierarchy, in which some members are somehow better off than others: they may have more authority or power, or other members may simply like or respect them. Components of social class: when we think about a person"s social class, we consider a number of pieces of information, two major ones are occupation and income.

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