Examlex
Solve for the rate, rounding to tenths if necessary: 27 is _____ of 323
Industrialized
Pertains to countries or regions that have developed complex and diverse economies with extensive industrial activity as compared to agriculture or primary production.
Scarcity
Refers to the basic economic problem of having seemingly unlimited human wants in a world of limited resources.
Economics
The social science that studies the production, distribution, and consumption of goods and services.
Physical Capital
Assets owned by a business that are tangible and can be used in the production process, such as machinery, buildings, and equipment.
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