Examlex
The focus of the first five-year plan was collectivized agriculture.
Rational Behavior
Decision-making behavior that is consistent with logical or sensible choice, aiming to maximize personal advantage in terms of utility or profit.
Economic Actors
Individuals, households, businesses, and governments that make decisions about the allocation of resources and consumption of goods and services in an economy.
Systematic Mistakes
Errors that occur consistently as a result of a flawed system, process, or mechanism.
Statistical Probability
The likelihood of an event occurring, based on the analysis of numerical data.
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