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Write Your Definition of Racism

question 27

Essay

Write your definition of racism. Then use this definition to argue that the origin of slavery in colonial America was or was not primarily the result of white European racism.


Definitions:

Market Demand

The overall amount of a product or service that every consumer in a market is ready and capable of buying at different price levels.

Negative Externalities

Unintended and uncompensated costs imposed by one party's actions on others not involved in the transaction.

Efficiency Loss

The loss of economic efficiency that can occur when the balance between supply and demand is not achieved, leading to potential welfare loss.

Deadweight Loss

See efficiency loss.

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