Examlex
From a developmental perspective, people are a collection of different systems such as bones and strength, and vision.
Economy
The mechanism through which a society manufactures, allocates, and utilizes goods and services.
Opportunity Cost
The foregone benefit that could have been enjoyed if an alternative choice had been made.
Factors Of Production
The resources used in the production process, including land, labor, capital, and entrepreneurship.
Available Technology
The current state of technological advances and machinery available to businesses for production purposes.
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