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Discuss the differences between the conflict and consensus perspectives. How does each perspective view society? How is each related to crime and criminality? Make an argument about which perspective is correct.
Real GDP Per Capita
Real GDP per capita measures the economic output of a country adjusted for inflation and divided by the total population, providing an average economic well-being indicator.
Standard Of Living
denotes the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.
Nominal GDP
Refers to the gross domestic product measured at current market prices, without adjusting for inflation.
Technological Change
A change in the methods of production and product innovation that leads to greater efficiency and productivity.
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