Examlex
Before the 1950s, schools in many parts of the country were segregated because it was mandated by law. What kind of segregation is this?
Redistribution of Income
Government policies or mechanisms aimed at adjusting the distribution of wealth among a population.
Well-organized Interest Groups
Organizations that coordinate the efforts of members to advocate or lobby for shared interests and goals in the policy-making process.
Rent-seeking Activities
Rent-seeking activities involve individuals or businesses trying to increase their share of existing wealth without creating new wealth, often through manipulation or exploitation of the economic environment.
Legal Structure
The organization of a business as determined by its legal status, such as a sole proprietorship, partnership, corporation, or LLC.
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