Examlex
According to the text, the U.S. social class system is much more rigid than those in most countries.
Drought
A prolonged period of abnormally low rainfall, leading to a shortage of water.
Price Inelastic
A condition where the quantity demanded of a good or service is relatively unaffected by changes in its price.
Technological Change
Refers to advancements or improvements in technology, which can lead to increased efficiency and productivity in various sectors.
Price Elasticity
The extent to which demand for an item varies with a shift in its cost.
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