Examlex
Which atmospheric phenomenon below is produced by the diffraction of light around small water droplets?
Commodities
Goods or services that are traded, often produced to satisfy wants or needs.
Class-in-Itself
A term referring to a social class that shares common economic interests, but may not be united or aware of their shared circumstances or potential for collective action.
Economic Position
An individual's or group's status or rank in the economic hierarchy, determined by wealth, occupation, education, and income.
Use Value
The utility of a commodity in satisfying a need or want, distinct from its exchange value or market price.
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