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Tax
Mandatory financial contributions imposed by governments on individuals, corporations, and other entities to fund public expenditure.
Upper Middle Class
A socioeconomic group that is above the middle class, often characterized by higher education, professional employment, and above-average income.
Lorenz Curve
A graphical representation of income or wealth distribution within a population, often used to illustrate economic inequality.
Distribution Of Income
How a nation’s total earnings are spread among its population, impacting wealth inequality.
Q1: Give an overview of lean manufacturing.
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