Examlex
Which of the following trade unions recruited unskilled men and women on a large scale, particularly in the mining and clothing industries in 1935?
Public Good
A commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.
Private Good
An economic product or service that is consumed by an individual or a specific group, characterized by its exclusivity and rivalry in consumption.
Utility Function
A mathematical representation that assigns a value to every possible choice to represent the level of satisfaction or happiness it provides the consumer.
Private Consumptions
The total amount of goods and services consumed by households in an economy.
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