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A farmer hedges by simultaneously buying and selling futures contracts.
False Consciousness
A concept in Marxist theory that describes the scenario where oppressed classes are misguided about their real interests and conditions due to dominant ideological frameworks.
Subordinate Class
A social group that is positioned at a lower rank or status within a hierarchical society, often facing inequalities.
Basic Ideology
Fundamental beliefs, values, and ideas that shape the political, economic, or social structures of a society.
Ruling Class
A social grouping holding the principal power and authority within a society, often making key decisions and governing the population.
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