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Explain the Concept of Habitus,including a Discussion of the Relationship

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Essay

Explain the concept of habitus,including a discussion of the relationship between agency and structure.Illustrate it with a personal example of how your choices may have been shaped by habitus.


Definitions:

Long-Term Debt

Loans and financial obligations lasting over one year that are used to finance a company's operations.

Book Value

The value of an asset according to its balance sheet account balance, subtracting any liabilities or depreciation.

Depreciation

In accounting, a process for allocating a physical asset's cost over the duration of its effective life.

Net Liquid

Refers to the amount of cash or cash-equivalents a company or individual has after accounting for all liabilities.

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