Examlex
Using Jeffrey Sachs' categories,in which type of region would the United States be classified?
Production
Production is the process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (output).
Consumption
The act of using up a resource or goods, often related to economic spending or food intake.
Physical And Mental Talents
Innate or acquired abilities in bodily and cognitive functions that individuals possess.
Innovation
The process of translating an idea or invention into a good or service that creates value or for which customers will pay, often leading to novel solutions or improvements.
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