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Classical Theory
A school of economic thought that emphasizes the role of free markets in regulating the economy and argues for minimal government intervention.
Employment
The condition of having paid work, or the process or business of hiring workers.
Savings
The portion of income not spent on current consumption, often set aside for future use or investment.
Investment
The act of allocating resources, usually money, with the expectation of generating an income or profit, often through the purchase of assets like stocks, bonds, or real estate.
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