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Economic Equalities
The state or goal of fair distribution of wealth and resources among individuals or groups, aiming for minimized financial disparities.
Social Equalities
The condition in which no differences in wealth, opportunities, and status exist among members of a society.
Normative Values
Values that are widely accepted and upheld by a group or society, guiding behavior and setting standards for what is considered right or wrong.
Economic Institutions
Organizations and structures that shape the production, distribution, and consumption of goods and services within an economy.
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