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What is the difference between a normal profit and an economic profit?
Privatization
The process of transferring ownership or operation of a business, enterprise, agency, or public service from the public sector (government) to private individuals or organizations.
Globalization
The process of interaction and integration among people, companies, and governments worldwide, resulting in the interconnectedness of global economies, cultures, and populations.
International Policy
Policies designed to handle issues that cross national borders and require cooperation or negotiation between countries.
United States
The United States is a country located in North America, characterized by a federal system of government, diverse population, and significant global influence in economic, political, and cultural spheres.
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