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Japan, Italy, and Germany have __________ class mobility than the United States, and/but __________ inequality.
Bankruptcy Filings
The formal process by which a company or individual legally declares their inability to pay their debts.
Chapter 7
A chapter of the U.S. Bankruptcy Code that provides for the liquidation of a debtor's assets to repay creditors.
Joint Ventures
A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task.
Sole Proprietorships
A type of business entity owned and operated by one individual, without any legal distinction between the owner and the business.
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