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The Impact of Plutocracy on Social Mobility

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What is plutocracy?

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A government in which the wealthy have the most power.
💡 Explanation:

Plutocracy is a government in which the wealthy have the most power. This can be due to a number of factors, such as the wealthy having more access to resources, such as money and education, or the wealthy being able to influence the political process through lobbying and campaign contributions.

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