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Describe How the World Works According to Realists,liberals,and Radicals

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Essay

Describe how the world works according to realists,liberals,and radicals.Provide examples.


Definitions:

Deadweight Loss

A reduction in economic effectiveness arising when a good or service does not reach or cannot reach its equilibrium state.

Demand Price

The highest price at which a consumer is willing to buy a particular quantity of a good.

Hardiness

Is an individual difference that allows some individuals to experience less stress when dealing with stressful events and that makes them more effective in dealing with the stress they do experience.

Experienced Stress

denotes the psychological or emotional strain and tension that results from adverse or demanding circumstances, often affecting individuals' mental and physical health.

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