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How Does a Free and Competitive Market Help in Attaining

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How does a free and competitive market help in attaining utilitarian goals?


Definitions:

Stratification

The arrangement or classification of something into different groups, levels, or ranks, often used to describe the hierarchical layering of people in a society based on wealth, race, education, etc.

Bourgeoisie

The owners of the means of production.

Petite Bourgeoisie

A social class positioned between the lower middle class and the working class, often including small business owners and self-employed individuals.

Olin Wright

A sociologist known for his work on social class, inequality, and the possibilities for social change in capitalist societies.

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