Examlex
Factoring in the FDA approval process, what is the estimated time it takes to develop a new contraceptive method?
Closed Social Hierarchy
A social structure where individuals' positions are fixed based on aspects like birth, with little opportunity for mobility.
Capitalist System
An economic system characterized by private or corporate ownership of capital goods, where investments, production, and distribution are driven by market forces.
Cultural Capital
Non-financial social assets such as education, intellect, style of speech, dress, or physical appearance that promote social mobility beyond economic means.
Socioeconomic Class
A division of a society based on social and economic status, often categorizing people by income, education, and occupation.
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