AIC keywords Flashcards

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1
Q

capitalism

A

A system based on shared ownership and profit

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2
Q

socialism

A

A system based on private ownership and profit

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3
Q

class

A

Division of society based on wealth and status

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4
Q

privilege

A

Special rights and advantages granted to individuals

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5
Q

inequality

A

Unequal and unfair access to benefits and resources

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