CADS 2000 FINAL EXAM 2026
LATEST QUESTIONS AND
ANSWERS| ACE YOUR GRADES.
The Upper-Lower Class - correct answer --security minded
majority
-"working class"
-solidly blue collar and usually have a high school education
-want financial security
-higher wage earners may spend impulsively
-want children be well behaved
-often big sports fans and more smokers
The Working Poor - correct answer --"lower class"
-manual labor, industrial work and most strive-work jobs
-high risk economic security
-often on edge of poverty
-often have not finished high school
The Lower-Lower, Underclass - correct answer --"rock bottom"
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-limited or no participation in the workforce
-very limited formal education
-tend to live a day-to-day existence
Middle Class - correct answer --"middle" 50% of household
incomes-household earnings between $25,000 and $85,000
Top Middle Class - correct answer --emerging Chinese middle
class
-moving up to more "near luxuries"
"Anxious Middle" - correct answer --by the measures of income,
education, age, employment, and family status is the most
"middle class" group of all
-have much more bleak outlook on life
"Satisfied Middle" - correct answer --has everything but money
-but they have a positive outlook and overall satisfaction with their
lives
-Bimodal distribution (the young and the old)
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The Working Middle Class - correct answer --household earning
$40,000 or less control more than 30% of the total income in the
U.S.
-these consumers tend to be more rand loyal than wealthier
consumers
The Techno Middle Class - correct answer --having competency
with technology
-those without are referred as "technologically underclass"
-parents are seeking computer exposure for children
-Geeks now viewed as friendly and fun
How Social Class is Determined - correct answer -1.
Discretionary Income (money available to household over and
above that required for a comfortable living standard)
2. Income
3. Wealth
4. Source of Income
5. Occupation
6. Educational Attainment