Examlex
Use the formula W = fd, where f represents a force, and d represents the distance that the force is applied. Find the work done, W, where f = and d = .
Import Substitution
An economic policy that aims to replace foreign imports with domestic production, often through the use of tariffs, quotas, and other trade barriers.
Economic Growth
An increase in the production of goods and services in an economy over a period, typically measured by the rise in real GDP.
Foreign Financing
Funding sourced from foreign countries, including loans, investments, and other financial resources, to support domestic expenditures.
Developing Countries
Countries characterized by their underdeveloped economies, low-quality of life, and inferior industrial infrastructure, consistently scoring low on the Human Development Index (HDI) in comparison to other nations.
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