Question 1.How does social class impact a person\'s life? Question 2.How are we socialized to view social class in America, various groups in poverty, and how do these perceptions shape social policies? (i.e. if the poor are perceived as \"lazy\" how might this impact social policies to assist them?) Question 3. What are the macro-economic issues and structural reasons people may live in and even remain in poverty? What are the structural and societal provisions for gaining wealth in a society? Is wealth just the result of individual hard work? Question 4. What is the connection between economic class and race and ethnicity in America? What is the conflict that many middle or upper class Black Americans face as it relates to social class? I posted this question earlier and \"Littlemaster\" Commented on it and gave me a complete wrong answer that they googled. Please help! Thanks! Solution 1. Social class of an individual is decided on the basis of social and economic status. Social status is achieved through power , position, profile and family background. Economic status is purely a purchasing power of the individual. Also, it is not necessary that purchasing power also brings social status. Social class impacts person’s life in following ways: 2. We perceive social class in America on the basis of following ground. Study of the population on the basis of above criteria is conducted and a perception is built over a period of time. On the basis of it, policies are drafted and implemented to achieve the following objectives. Pl. repost other unanswered questions for their answers!.