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An economy will be allocatively efficient if
Racial Stereotypes
Oversimplified or generalized perceptions or beliefs about the characteristics, attributes, and behaviors of members of a particular racial group.
Cultural Markers
Symbols, activities, goods, or practices that identify and distinguish cultural groups or categories.
Ethnic Group
A socially defined category of people who identify with each other based on shared ancestral, social, cultural, or national experiences.
Socially Significant
Referring to events, behaviors, or practices that have a considerable impact or influence on society.
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