​The ______________ Describes the Separation Between the Automated Part of a System

question 8

Short Answer

​The ______________ describes the separation between the automated part of a system and the manual part of a system.

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Definitions:

Business Risk

The possibility of experiencing financial loss or failure inherent in operating a business.

Market System

A market system is an economic system in which decisions regarding investment, production, and distribution are based on supply and demand.

Circular Flow Model

An economic model that depicts how money and products move through an economy, showing the interactions between households and businesses.

Resource Markets

Markets where productive resources (like labor, capital, and raw materials) are bought and sold.