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Instructions: Please write a thorough, well-organized essay to answer each question. Which institutions and individuals were most threatened by the principles and practices of the Enlightenment, and why were they challenged by the new ideas?
Homelessness
The condition of people without a permanent dwelling, such as a house or apartment, often unable to acquire and maintain regular, safe, and adequate housing.
Elastic Demand
A situation where the quantity demanded of a good or service significantly changes as a result of a change in price.
Elastic Supply
Refers to a situation where the quantity of a good supplied by producers changes significantly in response to a small change in its price.
Inelastic Demand
A market situation where the demand for a product does not significantly change in response to price changes.
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