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Slavery and apartheid are both examples of the ways in which a country's dominant group exploits minority groups for its economic advantage. What do sociologists call this policy?
529 Plan
A tax-advantaged savings plan designed to encourage saving for future education costs, including tuition, fees, and room and board.
Annual Return
The percentage change in an investment's value over a one-year period, taking into account both capital gains and dividend or interest earnings.
Roth IRA
A type of individual retirement account where contributions are made with after-tax dollars, but withdrawals during retirement are tax-free.
Traditional IRA
A Traditional Individual Retirement Account (IRA) is a type of retirement savings account that allows an individual to make pre-tax contributions, with the investments growing tax-deferred until withdrawals begin at retirement age.
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