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Under a gold standard,exchange rates
Scarce Resources
Materials or inputs that are limited in availability and are essential for human survival or for the production of goods and services.
Functionalist
Relating to the theory in sociology and anthropology that interprets society as a structure with interrelated parts designed to meet the biological and social needs of individuals.
Collective Good
Benefits or interests that are shared by and advantageous to all members of a given community.
Diverse Structures
A term that refers to varied organizational or systemic frameworks within societies, encompassing different cultural, social, and economic setups.
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