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Discuss the impact of efficiency wages on unemployment and wage inflexibility.
Chronic Stress
A persistent state of emotional pressure and tension resulting from adverse or demanding circumstances over a long period.
Social Mobility
The movement of individuals, families, or groups through a system of social hierarchy or stratification.
Caste System
A form of social stratification characterized by hereditary status, fixed and lifelong occupation, and social hierarchy, often associated with traditional societies.
Social Structure
The organized patterns of social relationships and social institutions that together compose society, shaping behavior and social interactions.
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