Examlex
Discuss norm shifting and speeding.
Resource Endowments
The natural resources, labor force, and capital that a country possesses, which can affect its economic development.
Crude Oil
Crude oil is a natural, unrefined petroleum product composed of hydrocarbon deposits and other organic materials, used as a primary energy source and raw material for various products.
Diamonds
Valuable gemstones that are often used in jewelry and have significant industrial applications due to their hardness.
Economies Of Scale
Cost advantages that enterprises gain due to an increase in size or output, resulting in lower costs per unit.
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