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Define racism.Outline the various forms of racism formulated by Fleras and Elliott.Provide examples that distinguish between them.
Gasoline
A flammable liquid derived from petroleum, used mainly as fuel in internal combustion engines.
Supply and Demand
Fundamental economic model that explains how prices and quantities of goods and services are determined in a market system by the interaction of supply by producers and demand by consumers.
Property Taxes
Taxes paid by owners of property such as land, buildings, and in some cases, personal property, based on the value of the property.
Regressive
A term often used to describe taxes or policies that take a higher percentage from low-income earners than from high-income earners, considered inversely proportional to income.
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