Key Political and Economic Concepts

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Far Right Movements

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Political groups or parties that are characterized by extreme nationalist, xenophobic, authoritarian, or reactionary views.

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Inflation

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The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

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Assimilation

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The process by which individuals or groups of differing ethnic heritage are absorbed into the dominant culture of a society.

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Austerity

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Economic policies implemented by governments to reduce public sector debt by increasing taxes or reducing public spending.

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Energy Dependency

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A situation where a country relies heavily on imports of energy resources, such as oil and gas, from other countries.