Examlex
The distinction between a consumer product and an industrial product is based on the purpose for which the product is purchased.
Manhattan Island
An island located at the mouth of the Hudson River in New York City, known for being the city's economic and cultural center.
Automobile Factory
A manufacturing facility that specializes in producing automobiles, utilizing assembly lines for efficient mass production.
Unemployment
Occurs when people who are willing to work are unable to find jobs, representing a wasted potential in the economy.
Underemployment
describes a situation where workers are employed in capacities below their skill level or work fewer hours than they would prefer.
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