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What is the value of Math.pow(3, 2) ?
Profit Making
The activity of earning more money than what is spent on producing or buying goods or services, resulting in financial gain.
Industrial Revolution
A period of major industrialization that took place during the late 1700s and early 1800s, leading to significant changes in agriculture, manufacturing, mining, transportation, and technology, which had a profound effect on the socioeconomic and cultural conditions of the times.
Private Enterprise System
A system where private individuals or groups own and operate businesses with minimal government intervention, emphasizing profit and free market principles.
Invisible Hand
A term introduced by Adam Smith to describe the self-regulating nature of the marketplace that guides individuals to unintentionally benefit society through their personal gain.
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