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What importance did Karl Marx attach to social conflict between classes?
Economic Growth
An increase in the capacity of an economy to produce goods and services, compared from one period of time to another.
Capital Scarcity
A situation where there is a limited availability of capital resources (such as funds or equipment) relative to demand, often leading to increased costs or lower growth.
Incentive
A factor, often a monetary reward or advantage, that motivates individuals or entities to act in a certain way.
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