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Natural resources in the production process are called land, and their payment is called interest.
Property Owners
Individuals or entities that hold legal title to land, buildings, or other assets.
Non-Owners
Individuals or entities that do not hold ownership rights over a specific property, asset, or business.
Wright's Typology
A framework created by sociologist Erik Olin Wright that categorizes different social classes based on control over economic resources and workforce participation.
Goldthorpe's Typology
A class schema developed by sociologist John H. Goldthorpe focusing on employment relations and conditions to categorize individuals into social classes.
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