Examlex
How many square meters of photovoltaic cells would be required to run a 11-W compact disc player? The efficiency of photovoltaic cells is 15% for converting 1000 W/m 2 of solar energy to electricity.
Skilled Workers
Individuals who have specialized training, experience, and expertise that enable them to perform complex tasks.
Labor Force
The total number of people employed or actively looking for employment in an economy.
Export-Promotion Strategy
An economic policy aimed at encouraging domestic producers to export goods, typically through government support measures like subsidies, tax incentives, or easing regulatory requirements.
Import-Substitution Strategy
An economic policy aimed at reducing foreign dependency by local production of industrialized products.
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