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A closed system of social stratification in which a person's social position is defined by law, and membership is established mainly by inheritance
A category of people who share similar opportunities and similar economic and vocational positions, lifestyles, attitudes and behavoiors
An explanation of global economic differences that emphasizes that the economic positions or the rich and poor nations are linked and cannot be understood apart from each other
An explanation of the economic differences among countries that maintains that these differences result from technological and cultural differences
The degree of difference in standard of living among the countries of the world
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