Examlex
Constructive dismissal means that an employer could not reduce an employee's pay by 15% unless the employee is consented.
Offshoring
The relocation of a business process or operation from one country to another, often to leverage lower labor costs.
American Industrial Revolution
A period of rapid industrial growth and technological innovation in the United States during the 18th and 19th centuries that transformed the economy.
Railroad System
A transportation network consisting of tracks, stations, and vehicles (such as trains) used for moving goods and people over long distances.
Free Market Capitalism
Free Market Capitalism is an economic system characterized by private ownership of resources and businesses, where the prices of goods and services are determined in a free price system set by supply and demand.
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