Examlex
Which pair of nations had not practiced conscription prior to World War I?
7 Percent Unemployment
A situation where 7 out of every 100 labor force participants are without a job and actively seeking employment, indicating the level of joblessness in an economy.
U.s. Economy
The United States' economic structure is defined by a mixed-market system, incorporating both private sector businesses and government involvement.
Economic Growth
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time, typically measured as the percent rate of increase in real gross domestic product (GDP).
Capital Goods
Tangible resources utilized by a business in creating goods and services for consumer consumption during the manufacturing process.
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