Examlex
Social complexity is always associated with social inequality and hierarchy.
Decision-making Process
A series of steps taken by an individual or organization to determine the best action to achieve a particular goal.
Efficient Markets
Financial markets where prices fully reflect all available information.
Marginalism
The process of analyzing the additional or incremental costs or benefits arising from a choice or decision.
Industrial Revolution
The period in England during the late eighteenth and early nineteenth centuries in which new manufacturing technologies and improved transportation gave rise to the modern factory system and a massive movement of the population from the countryside to the cities.
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