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What is the dysfunctional side of controls?
Entrepreneurial Activity
The act of starting new businesses, initiating innovations, and introducing new products or services to the market, often seen as a driver of economic growth.
Import Substitution
A policy aimed at encouraging domestic production of goods that were previously imported.
Labor-intensive Production
A production process that relies more heavily on human labor than on technology or machinery, often characteristic of industries that require skilled workers.
Human Capital Shortages
A situation where there is a lack of adequately skilled or qualified individuals in the workforce to meet the demands of the job market.
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