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In order for product differentiation to be effective, real product differences must be identified so that one product is clearly better than others.
Talented People
Individuals possessing a high degree of skill, ability, or natural aptitude, often in specific areas such as arts, sports, or academics.
Erik Olin Wright
A sociologist known for his work on social class, inequality, and alternatives to capitalism.
Class Analysis
The examination of society based on the distinct social classes within it, focusing on the relationships, conflicts, and inequalities between these classes.
Status Categories
Various classifications within social hierarchies that individuals are assigned based on attributes such as occupation, income, education, and lineage.
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