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How do individuals determine or understand their “place” in modern society?

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Answer:

objective social class

Step-by-step explanation:

Most of us have a sense of a hierarchy in society, from low to high, based on income, wealth, power, culture, behavior, heritage and prestige. ... A focus on objective social class entails a direct determination of a person's social class based on socioeconomic variables -- mainly income, wealth, education and occupation

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