Why Is It That a Technically Efficient Method of Producing

question 10

Essay

Why is it that a technically efficient method of producing may not be an economically efficient method of production?

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Definitions:

Charismatic Authority

A form of leadership where followers are drawn to the leader's personal qualities and the extraordinary way they articulate the needs and aspirations of their followers.

Mahatma Mohandas Gandhi

Mahatma Mohandas Gandhi was an Indian lawyer, anti-colonial nationalist, and political ethicist who led the successful campaign for India's independence from British Rule, employing non-violent resistance.

Leadership

The capacity to influence, guide, or direct a group towards achieving defined objectives.

Bureaucracy

A system of administration characterized by a hierarchical structure, specialization of functions, and a set of rules and procedures.