Examlex
Concerning the decision of a U.S.resident to lend or invest abroad, Zimbabwe and Sudan have recently been considered to be relatively safe investments regarding the risk of default.
Market Failure
A situation where the allocation of goods and services is not efficient, often leading to a net social welfare loss.
Business Sector
A segment of the economy that represents the activities of businesses, corporations, and private enterprises that provide goods and services to consumers.
Deng Xiaoping
A Chinese communist leader who initiated significant economic reforms in China from the late 1970s, leading to its market economy transformation.
Civilian Goods
Items produced for use by civilians, rather than for military purposes.
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