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In the small open economy in equilibrium:
Racial Oppression
The systemic subjugation and discrimination of individuals based on their race, often institutionalized in societal structures.
Dominant Group
A social group that possesses the greatest power, influence, and privileges within a particular society or context.
Critical Theory
A philosophical approach that critiques and seeks to transform society, emphasizing power structures and inequalities.
Race Matters
A concept emphasizing the significance of race as a critical factor influencing individuals' life experiences, opportunities, and societal dynamics.
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