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_____ focuses on regionalizing resources more effectively and responding to rapid environmental changes, such as increased political and foreign exchange risks and global competition.
Growth Rate
Growth rate measures the increase in value of a particular variable, such as the economy, a business, or an investment, within a specific time frame.
Annual
Pertaining to or occurring every year.
GDP Per Capita
The gross domestic product divided by the population, measuring the average economic output per person and often used as an indicator of living standards.
Population Increases
A rise in the number of individuals within a specific area or country, which can impact resources, employment, and economic growth.
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