Examlex
The Dalit group ("untouchables")are the lowest legitimate caste in Muslim India.
Objective Concept
An idea or notion that is based on factual and observable phenomena, unbiased by personal feelings or interpretations.
Personal Preferences
The specific likes, dislikes, desires, and interests of an individual, often influencing their purchasing decisions.
Scarcity
The core issue in economics is the presence of endless human desires within a finite resource environment.
Economy
A system of production, distribution, and consumption of goods and services within a certain geographical area.
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