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What is the supremacy clause and why is it important?
Low-Cost Labor
Employment that is compensated at a low wage rate, often within industries or regions where labor rights are minimal or not rigorously enforced.
Capitalism
An economic system characterized by private or corporate ownership of goods and services, where production and consumption are driven by market forces and profit motive.
Economic System
An organized way a society structures its economic activities, such as production, distribution, and consumption of goods and services.
Socialism
A political and economic theory advocating for collective or governmental ownership and management of the means of production and distribution of goods.
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