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How Does the Value of the Dollar Affect the Competitiveness

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How does the value of the dollar affect the competitiveness of American businesses?


Definitions:

Karl Marx

A 19th-century philosopher, economist, and sociologist known for his critical analysis of capitalism and his influential ideas leading to the foundation of communism.

Afterlife

The belief in a life or existence that follows after death, varying in form across different religions and philosophies.

Protestant Ethic

A concept in sociology that relates Protestantism to a strong work ethic, frugality, and the economic success of Protestant communities.

Spirit of Capitalism

A term popularized by sociologist Max Weber to describe the set of values and attitudes endorsing hard work, thrift, and efficiency in one’s calling, which he believed underpinned capitalist societies.

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