Examlex
_____ channels are those that flow within the chain of command or task responsibility defined by the organization.
Economic Freedom
The degree to which individuals and businesses can make economic decisions without government intervention.
Central Planning
A system where the government or a centralized authority makes all decisions about the production and distribution of goods and services.
Industry Output
The total production of goods and services by all firms in a particular industry over a specific time period.
Chain Reaction
A sequence of reactions where a reactive product or by-product causes additional reactions to take place, often leading to a self-sustaining series of events.
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