Examlex
When it is possible to make someone better off without hurting someone else, the condition is
Technological Growth
The process of innovation and introduction of new technologies and methods, which improves efficiency and productivity.
Productivity
A measure of the efficiency of production, often calculated as the ratio of output to input in the production process.
Economic Policies
Measures and strategies implemented by governments to regulate and control the economy, including fiscal, monetary, and trade policies.
Richest Country
A country characterized by the highest levels of wealth, income, or economic productivity compared to others, often measured by GDP per capita.
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