Please Define the Following Key Terms

question 102

Short Answer

Please define the following key terms.
-Pan-German League

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Definitions:

Capitalism

An economic system based on private ownership of the means of production and their operation for profit, characterized by free markets, capital accumulation, and wage labor.

Primary Labor Market

Refers to sectors that offer stable, well-paid jobs, often with good working conditions and opportunities for advancement.

Social Barriers

Obstacles that exist within societies, which prevent individuals or groups from accessing resources, opportunities, or rights, contributing to inequality.

Conglomerates

Large corporations that operate in several industries at the same time.