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economic determinism

theory that all societal relationships are based on economic relationships

en-US/ˌikəˈnɑmɪk dɪˈtɝməˌnɪzəm/
en-GB/ˌiːkəˈnɒmɪk dɪˈtɜːmɪˌnɪzəm/

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economic theorysocial theory