Examlex
The characteristic below that is not common to monopolistic competition and perfect competition is
Racial Identity
A person's identification with a particular racial group, influenced by social, cultural, and historical factors.
Racial Hierarchy
A system of classification that positions different races or ethnic groups in a ranked order, often with the erroneous justification of innate superiority or inferiority among them.
Caste System
A traditional form of social stratification based on heredity, primarily found in India, classifying people into rigid hierarchical groups based on their occupation and birth.
Hierarchical System
A structured organization of positions or levels in which entities are ranked one above the other based on authority or status.
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