Examlex
If a firm's production process generates external costs, the firm will produce the socially efficient level of the output if the government imposes a tax equal to the marginal
Master Status
A dominant social or cultural position that overwhelmingly defines a person's identity in society, often overshadowing other individual attributes.
Gemeinschaft
A term used in sociology to describe a community or society characterized by close, personal relationships and a strong sense of common identity.
Gesellschaft
A term used by sociologists to describe a society primarily focused on social ties based on contractual relationships rather than personal bonds.
Solidarity
Unity or agreement of feeling or action, especially among individuals with a common interest; mutual support within a group.
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