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A helpful way to look more closely at the types of businesses involved in e-commerce is to identify how the businesses generate their _________________________.
Karl Marx
A 19th-century philosopher, political economist, and revolutionary, best known for his critical analysis of capitalism and his advocacy for communism.
Great Recession
A significant global economic downturn that began in 2007 and lasted until 2009, marked by the collapse of the housing market and financial crisis.
Keynesian
Relating to the economic theories of John Maynard Keynes, which advocate for government intervention to manage business cycles and stimulate the economy during downturns.
New Classical
An economic theory that emphasizes the importance of rational expectations and market-clearing prices in understanding economic fluctuations.
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