Examlex
The informal organization is best suited for decision making on big issues.
Production
The process of creating, manufacturing, or generating goods and services.
Goods and Services
Goods and services are the outputs of economic activity: goods are physical items that can be purchased, while services are activities performed by others for a fee.
Governments
The organizations or systems that govern a particular territory, responsible for creating and enforcing laws, policies, and regulations.
Leading Industries
The primary sectors of an economy that drive its growth, characterized by high levels of productivity and innovation.
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