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How well has Britain adjusted to the realities of a postcolonial multicultural society? Discuss the experiences of ethnic minorities in Britain, noting differences among ethnic minority communities, and evaluate government responses and policies intended to improve the economic and political conditions for ethnic minorities. Explain how the 9/11 and the London bombings of July 2005 transformed the context of multicultural politics in Britain. Please utilize specific examples from the text in your answer.
Perfect Competitor
A theoretical market structure where numerous small firms produce identical products, allowing no single firm to affect the market price.
Long Run
In economics, this term describes a period in which all factors of production and costs are variable, allowing full adjustment to any change.
Total Profit
The financial gain made after subtracting all expenses from total revenue.
Profit-Maximizing
A strategy or process employed by businesses to determine the price and output level that returns the highest profit.
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