Examlex
Which of the following is a decision that economists study?
Estate Systems
A social hierarchy system where land and power are divided among lords and peasants, often inherited and fixed.
Agricultural Societies
Societies primarily engaged in farming and livestock cultivation as their main source of livelihood and economic activity.
Stratification
The hierarchical arrangement of individuals or groups based on wealth, power, and social status.
Life Chances
The opportunities each individual has to improve their quality of life and realize their life goals, influenced by social and economic factors.
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