Examlex
Identify and give the historical significance of each of the following terms, events, and people in a paragraph or two.
-Role for women
Shift
A change in the position of the supply curve or demand curve in a market, indicating a change in market conditions.
Efficiency Loss
The loss of economic efficiency in a market, which can occur due to various reasons, such as taxes, subsidies, or monopolies.
Tax Revenue
The income collected by governments through taxation from individuals and businesses.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning that no individual can be effectively excluded from their use, and one person's use does not reduce availability to others.
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