Examlex
The system of shared meanings,perceptions,and beliefs held by persons belonging to the same group is known as .
Scarcity
The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.
Efficiency
The optimal use of resources to achieve the best possible outcome.
Opportunities
Options or possibilities for individuals or firms to engage in beneficial activities or investments.
Equity
Fairness or justice in the way people are treated or how resources and wealth are distributed.
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