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According to the text,the influence of some socialization agents increased in the 20th century,while the influence of others declined.One important socialization agent whose influence declined is:
Sold at a Discount
refers to selling something for less than its usual or advertised price, often to encourage quick sales or because the item is slightly damaged or outdated.
Revolving Credit
A credit line allowing the borrower to use, repay, and reuse funds up to a certain limit.
Guaranteed Line
A credit line that is assured to be available to the borrower by the lender, typically used to ensure liquidity for businesses.
Compensating Balances
Minimum cash balances that a business agrees to maintain in its account as part of a loan agreement, often used to reduce the lender's risk.
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