Examlex
A point estimate is an estimate of a population parameter, expressed as a single numerical value.
Conflict Theory
A sociological perspective that views social life as a competition, and focuses on the distribution of resources, power, and inequality.
Shared Understanding
The common knowledge or consensus among members of a group, society, or organization regarding beliefs, practices, norms, or values.
Capitalism
An economic system where private ownership and free market principles dominate, aiming for profit through production and exchange.
Exploitation
The unfair treatment or use of someone or something for one's own advantage or profit, often without proper compensation.
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