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Status symbol
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{{Short description|Object that denotes one's social position}} [[File:Inquilinos.gif|thumb|upright|Social status is often associated with clothing and possessions. In this scene from [[History of Chile#European conquest and colonization (1540β1810)|rural 19th-century Chile]], the foreman has a horse and high hat, while the ''[[inquilino]]'' (indebted laborer) does not.]] A '''status symbol''' is a visible, external symbol of one's social position, an indicator of [[Wealth|economic]] or [[social status]].<ref>{{Cite book |last=Cherrington |first=David J. |title=Organizational Behavior |page=[https://archive.org/details/organizationalbe02edcher/page/384 384] |year=1994 |isbn=0-205-15550-2 |publisher=Allyn and Bacon |url=https://archive.org/details/organizationalbe02edcher/page/384 }}</ref> Many [[luxury goods]] are often considered status symbols. ''Status symbol'' is also a [[Sociology|sociological]] term β as part of social and sociological [[symbolic interactionism]] β relating to how individuals and groups interact and interpret various cultural symbols.<ref>[http://learning.swc.hccs.edu/members/ruth.dunn/Three%20Paradigms.pdf The Three Sociological Paradigms]{{dead link|date=April 2018|bot=medic}}{{cbignore|bot=medic}}, from [http://learning.swc.hccs.edu/ The HCC-Southwest College] {{webarchive|url=https://web.archive.org/web/20040805065141/http://learning.swc.hccs.edu/ |date=2004-08-05 }}, December 2008.</ref>
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