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Which of the Following Is a Drawback of the Market

question 84

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Which of the following is a drawback of the market approach of evaluation?

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Definitions:

Marxist Exploitation Theory

The assertion that the powerful economic elite promotes, and benefits from, prejudice and discrimination.

Economic Elite

A small, privileged group positioned at the top of the economic hierarchy, possessing a significant amount of wealth and power.

Prejudice

A preconceived opinion or bias against individuals or groups without sufficient knowledge, often leading to discrimination and intolerance.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

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