Examlex
In the modern Western world, institutionalized (or structural) racism is:
Market Economy
A market economy is a system where the supply and demand for goods and services determine prices and production levels, operating with minimal government intervention.
Entrepreneurs
Individuals who initiate, manage, and assume the risks of starting and running a new business venture.
Organizes And Manages
refers to the process of structuring, coordinating, and overseeing resources and activities to achieve specific objectives efficiently and effectively.
Transform Resources
The process of converting resources into goods or services through manufacturing, labor, or other means of production.
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