Examlex
What is electronic data interchange, and how is it used?
Capitalist System
An economic system where trade, industries, and the means of production are largely or entirely privately owned and operated for profit.
Exploitation
The difference between what workers are paid and the wealth they create for the owner.
Inequality
The unequal distribution of resources, rights, and opportunities among individuals or groups in a society.
Marx
Refers to Karl Marx, a 19th-century philosopher, economist, and social scientist whose work in economics laid the foundation for much of the current understanding of labor and its relation to capital.
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