Discuss in detail the three (3) main assumptions of conflict theory. Given these assumptions, how do conflict theorists view class-based stratification in society? Include 2 specific examples in your discussion to support the conflict view.I. Definition of Conflict Theory:Conflict Theory: This theory basically states that in society everyone functions to maximize their benefits. Social/political change, it is argued, is driven by the desire of groups to maximize their benefits. Marxism and radical feminism are some examples of this theory.III. The 3 main assumptions of conflict theory are: a) Competition is at the heart of all social relationships (rather than consensus, individuals in society form relationships by competing - e.g. competing for jobs, partners, etc.) b) There are structural inequalities in all social structures. In other words, there is always someone who has more power than others. Those who benefit from a certain social structure want to maintain it. c) The change is revolutionary, not evolutionary. Change is a consequence of competition...