Examlex
Instructions: Identify the following terms.
chaebol (Samsung, Daewoo, Hyundai)
Potato Chips
Thin slices of potato that are deep fried or baked until crispy, often served as a snack.
Price of Cola
The amount of money required to purchase a unit or specified quantity of cola.
System of Rationing
A method for distributing scarce goods and services using criteria other than price, often implemented during shortages to ensure equitable distribution.
Free Market Price
The price of goods or services determined by supply and demand in a free market, without government intervention.
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