Decoding Social Stratification in Modern Times🌎🌇
Social stratification ranks individuals into higher or lower positions, leading to inequality transmitted across generation, has economic consequences.
Social stratification ranks individuals into higher or lower positions, leading to inequality transmitted across generation, has economic consequences.
Understanding social classes is crucial for marketers. Different classes have distinct buying behaviors, brand preferences, and spending patterns, impacting marketing strategies. Tailored programs are necessary to effectively target each class.