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According to , social change is a slow and gradual process.
Unemployment Rate
The segment of individuals in the labor force who are not in employment but are looking for jobs actively.
Opportunity Cost
The value of the best alternative forgone when a decision is made to pursue a particular action or resource allocation.
Capital Goods
Long-lasting goods that are used in the production of other goods or services, such as machinery, buildings, and equipment.
Consumer Goods
Goods purchased and used by consumers rather than manufacturers for producing other goods.
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