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Critical Thinking Questions
-Have changes in media formats created a more accurate, less biased media? Why or why not?
Fully Employed Resources
A situation in which all available labor and capital resources are being used in the most economically efficient way.
Economic Growth
The increase in a country's output of goods and services over time, indicated by a rise in real GDP.
Poor Countries
Nations with low levels of economic productivity, low living standards, and low levels of human development indices compared to other countries.
Capital Production
The creation of goods or services using capital goods, contributing to the productive capacity of an economy.
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