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Openness of the Elite System to the Upwardly Mobile Is

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Openness of the elite system to the upwardly mobile is necessary


Definitions:

Gold Standard

An economic arrangement where paper money in a country directly mirrors the value of gold.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations and leading to significant geopolitical changes.

Great Depression

A severe worldwide economic downturn that took place during the 1930s, beginning with the U.S. stock market crash of 1929 and leading to widespread economic hardship globally.

Gold Standard

A monetary setup where the value of a nation's currency is directly tied to the value of gold.

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