Examlex
Generally speaking, when the utility from good A is greater than the utility from good B,
Absolute Poverty
The failure to meet the basic needs of life, including adequate food, clean water, and shelter.
Social Inequality
In a society or group, there are imbalanced chances and advantages for different social positions or statuses.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale, often resulting in cultural exchange and interconnected economies.
Poverty
The state of having insufficient financial resources to meet basic living expenses such as food, shelter, and healthcare.
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