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Write a short note on the Social Charter and European Labor Markets.
Self-interest
The pursuit of personal advantages and well-being, often guiding individual economic decisions.
Division of Labor
A method that breaks down the production of a product into a series of specific tasks, each performed by a different worker.
Specialization
The concentration of the productive efforts of individuals or organizations on a limited number of activities, leading to increased efficiency and productivity.
Mass Production
A manufacturing technique that produces large quantities of goods efficiently by using assembly lines or automation technology.
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