Examlex
A college has found that during every home football game, a group of students sits on a hillside next to the stadium and watches the game without purchasing tickets. In economics, the problem that this college is facing is referred to as a
Class
A group of people within society who share similar socio-economic status, often characterized by their wealth, occupation, and social standing.
Status
The relative social, professional, or other standing of someone or something within a society or social group.
Party
A social gathering of invited guests, typically involving eating, drinking, and entertainment, or a political organization seeking to achieve power.
Unemployment Problem
The issue arising from a significant portion of the workforce being without jobs, affecting economic stability and individual livelihoods.
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