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In Chiefdoms, Stratum Endogamy Ensured That Only Chiefs Belonged to the Elite

question 40

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In chiefdoms, stratum endogamy ensured that only chiefs belonged to the elite social stratum.


Definitions:

Net Profit Margin

A financial performance ratio, expressed as a percentage, calculating the amount of net income generated as a portion of revenues.

Unearned Revenue

money received by an entity for a service or product to be delivered or performed in the future.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.

Debt-to-Equity

Debt-to-Equity is a financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

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