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If the amount payable in two years is $2,420 for a simple loan at 10 percent interest,the loan amount is
Industrialization
The process of transforming economies from primarily agricultural to one based on the manufacturing of goods, characterized by the use of industrial technology and mass production methods.
Global Inequality
The unequal distribution of resources, wealth, and opportunities across different countries and populations worldwide.
Rigid Hierarchy
A strictly enforced system where positions and roles are clearly ranked, often with little flexibility for movement between levels.
Global Inequality
The unequal distribution of resources and opportunities between countries or regions around the world, often measured by income, wealth, or access to services.
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