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The Commitment by Western Nations to Mass Education Was Fueled

question 52

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The commitment by Western nations to mass education was fueled by the need for skilled workers.​


Definitions:

Short-Term Profits

Earnings achieved within a brief period, typically within a year, that often reflect the immediate financial health of a business.

Shareholder Model

a corporate governance model that prioritizes the interests of shareholders in the decision-making process, often focusing on maximizing shareholder value.

Corporate Governance

The framework of rules, practices, and processes by which a company is directed and controlled, often focusing on the interests of shareholders, management, customers, suppliers, financiers, government, and the community.

Financialization

A trend in which financial services, such as investment, become a more dominant sector in the national economy, influencing societal and economic structure.

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