Examlex
Antidumping duties are a type of tariff barrier.
Life Chances
The opportunities or probabilities of individuals in society to access valuable resources, achieve wellbeing, and attain social mobility based on their socioeconomic status.
Class System
A form of social stratification where people are grouped into a set of hierarchical social categories, the most common being the upper, middle, and lower classes.
Closed Class System
A social stratification system where mobility between classes is limited or non-existent, and one's social status is often inherited.
Wealth
An abundance of valuable resources or material possessions.
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