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Kinetic energy is conserved in elastic collisions.
Globalization
The process of interaction and integration among people, companies, and governments worldwide.
Inequality
The unequal distribution of resources, opportunities, and privileges among individuals or groups within a society, leading to disparities in wealth, power, and status.
Wealth Transfer
The movement of assets or capital from one person, sector, or generation to another, often used to describe changes in wealth due to inheritance or estate planning.
Technological Change
The process of innovation and development in technology that affects economies and societies.
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