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Sociologists often point out that systems of stratification in the United States systematically favor white men. People sometimes contest this by referencing wealthy and powerful black women like Oprah Winfrey or Toni Morrison. A valid counterpoint to this argument is that
Rent Controls
are government policies or laws that limit the amount landlords can charge for leasing properties to protect tenants from rapid increases in rent.
Equilibrium Price
The market price at which the quantity of goods supplied is equal to the quantity of goods demanded.
Shortage
A situation in which demand for a good or service exceeds its supply in a market.
Demand And Supply
Economic model describing the interaction between the desire of consumers to buy goods at certain prices and the quantity of goods that producers are willing to sell at those prices.
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