Examlex
Name the common parts of the cell.Define each part.
Oligopolies
Are giant corporations that control part of an economy. They are few in number and tend not to compete against one another. Instead, they can set prices at levels that are most profitable for them.
Primary Labour Market
describes sectors of the economy that offer high-paying jobs, secure employment, good working conditions, and benefits.
Supply And Demand
An economic model explaining price determination in a market based on the relationship between the quantity of a commodity available and the desire of buyers for it.
Democratic Socialist Government
A political system where socialism and democracy coexist, aiming to distribute wealth and resources more equitably while maintaining democratic freedoms.
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