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The "Ethnic Miracle" Is a Term Used to Describe the Process

question 106

Multiple Choice

The "ethnic miracle" is a term used to describe the process by which European immigrants and their descendants stopped being treated as members of minority groups and became assimilated into the dominant group. What kind of sociologist believes that this happened because it made society run much more efficiently?


Definitions:

Initial Cost

The original cost of acquiring an asset, including purchase price and any expenses incurred to put the asset into use.

Cash Inflows

Money or equivalents received by a company during a specific period, which can come from operations, investments, or financing activities.

Payback Period

The duration it takes for an investment to return its initial cost to the investor, a measure of an investment's risk and liquidity.

Initial Cost

The total expense incurred to acquire an asset or start a project, including all relevant expenses.

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