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Describe Erik Wright's modification of Marx's model of social class.
Common Stock
Shares of ownership in a corporation that entitle the shareholder to vote on corporate matters and receive dividends, subject to the company's profitability.
Short-term Speculation
The practice of buying and selling assets with the intention of making quick profits from short-term fluctuations in price.
Owned Percentage
The proportion of a property or business owned by an individual or entity, typically represented as a percentage.
Ownership Percentage
The fraction of a company's shares owned by a particular shareholder, representing their portion of control and claim on assets.
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