Examlex
MI's view of human nature is similar to that of Carl Rogers who believed that human nature is basically good.
Comparative Advantage
The ability of an entity to produce a good or service at a lower opportunity cost than others, allowing for beneficial trade.
Cell Phones
Mobile electronic devices that allow for telecommunications over long distances without a wired connection.
Herring
A small, silver-colored fish found in the North Atlantic and Pacific Oceans, important for food and as bait in commercial fishing.
Opportunity Cost
The value of the alternative sacrificed when choosing one option over another.
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