Examlex
The excessive leanness of the body is referred to as ____________.
Workers Specialize
When workers focus on a narrow set of tasks or acquire specialized skills, leading to increased efficiency and productivity.
Command System
A type of economic system where production, investment, prices, and incomes are determined centrally by a government.
Laissez-Faire Capitalism
An economic system where private parties are free to conduct business transactions with minimal government intervention or regulation.
Division of Output
The allocation of the total quantity of goods or services produced among various consumers or markets.
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