The process of assigning people to classes on the basis of their income and educational attainment is known as the subjective method.

Name: The process of assigning people to classes on the basis of their income and educational attainment is known as the subjective method.
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Quizplus · Accepted Answer

The process described is known as the objective method, not the subjective method. The subjective method involves individuals identifying their own social class.

The Process of Assigning People to Classes on the Basis