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WHistorical Events and Conditions Affect

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WHistorical events and conditions affect


Definitions:

Industrial Economy

An economic system characterized by the extensive development of manufacturing, large-scale production, and the utilization of heavy machinery and advanced technologies.

Levels Of Stratification

Describes the hierarchical arrangement of social classes, status groups, or other social categories within a society.

Global Economy

An interconnected marketplace where goods, services, and labor are exchanged worldwide.

Telecommuting

The practice of working from a remote location, typically one's home, using telecommunications technology to perform one's job duties.

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