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While driving home from work,Bailey's car is struck from behind by a van full of drunken college students. Asimov is the driver of the van. The resulting damage to Bailey's car totals $7,000. Bailey files a claim under his own auto insurance policy to have his car repaired,but his insurance policy only covers $6,000 of the $7,000 loss. Bailey pays the remaining $1,000 of the loss out of his pocket. Which of the following is a true statement?
Mass Consumption
The large-scale purchasing and use of goods and services by a significant portion of a population.
Escapism
The practice of seeking distraction and relief from unpleasant realities, especially by engaging in entertainment or fantasy.
World System Theory
A multidisciplinary, macro-scale approach to world history and social change that suggests there is a world economic system in which some countries benefit while others are exploited.
Peripheral Country
A term used in world-systems theory to describe countries that are less developed economically and are often exploited by more developed core countries through trade and labor.
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