Final answer:
The functionalist perspective on differential rewards in social stratification argues that the greater the functional importance of a social role, the greater must be the reward. However, it does not fully explain the widespread disparity between the rich and the less fortunate.
Step-by-step explanation:
The functionalist perspective on differential rewards in social stratification argues that the greater the functional importance of a social role, the greater must be the reward. According to the Davis-Moore thesis, social stratification represents the unequal value of different work in society. Highly skilled and important roles, such as doctors or lawyers, are rewarded more than others. However, the functionalist explanation does not fully explain the widespread disparity between the rich and the less fortunate.
The functionalist perspective suggests that some social stratification is necessary and provides financial motivation for individuals to engage in more education and difficult professions. However, it overlooks other factors that contribute to widespread inequality, such as historical and structural factors, discrimination, and the unequal distribution of resources and opportunities. Therefore, the statement that the functionalist explanation does not fully explain the widespread disparity between the rich and the less fortunate is true.