How do you assign people to social classes or do you at all


Problem

1. How do you assign people to social classes, or do you at all? What consumption cues do you use (e.g. clothing, speech, cars, etc.) to determine social standing?

2. Thorstein Veblen argued that women were often used as a vehicle to display their husbands' wealth. Is this argument still valid today?

3. Given present environmental conditions and dwindling resources, what is the future of ‘conspicuous waste'? Can the desire to impress others with affluence ever be eliminated? If not, can it take on a less dangerous form?

4. Some people argue that status symbols are dead. Do you agree?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: How do you assign people to social classes or do you at all
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