Examlex
The steps in Lewin's model of change involve unfreezing the status quo,moving to the new state,and refreezing the new change to make it permanent.
Coincidence of Wants
In barter economies, this refers to the situation where two parties each possess an item the other wants, making an exchange possible without the need for money.
Medium of Exchange
An intermediary used in trade to avoid the inconveniences of a pure barter system.
Specialization in Production
The process by which individuals, businesses, or countries focus on producing a limited scope of goods or services to gain greater efficiency and quality.
Coincidence of Wants
A situation in a barter economy where two parties each hold an item the other wants, facilitating a direct trade without the need for a medium of exchange.
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