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Other things constant, a decrease in consumer income will
Allocation
The process of distributing resources, goods, or responsibilities among people, organizations, or sectors in a society.
Credentialization
The process by which access to occupations or positions requires increasingly higher levels of education or certification.
Functionalist Perspective
A sociological approach that emphasizes the way in which the parts of a society are structured to maintain its stability and functionality.
Suitability
The appropriateness or compatibility of something for a particular purpose, condition, or position.
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