Examlex
Use each of the three theoretical perspectives in the text to discuss the projected future of ethnic and minority group relations in America.
Entropy Effect
In thermodynamics, it refers to the measure of disorder or randomness in a system; metaphorically used in various fields to describe chaos or decline.
Classical Economists
Economists from the 18th and 19th centuries who believed in free markets, limited government intervention, and self-regulating economies.
Market Forces
The economic factors affecting the price, demand, and availability of goods and services in a market economy, primarily supply and demand.
Full Employment
A situation in which all available labor resources are being used in the most economically efficient way, typically characterized by the absence of cyclical unemployment.
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