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What Does It Mean If an Industry Has External Economies

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What does it mean if an industry has external economies?


Definitions:

Positive Self-Talk

A practice of making affirming statements to oneself to boost confidence and emotional well-being.

Self-Image

An individual's perception of themselves, including their appearance, abilities, and character.

Ideal Self

A person's conception of how they would like to be, often serving as a motivation for change in pursuit of self-improvement.

Ego

In psychology, a part of the mind that mediates between the conscious and the unconscious and is responsible for reality testing and a sense of personal identity.

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