The Gains from Specialization Are Economic Gains for the Society

question 160

True/False

The gains from specialization are economic gains for the society from countries/individuals specialize in the production of all goods and services.

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Definitions:

Foreign Key

A field in a database table that uniquely identifies a row in another table, creating a link between the two tables.

NewSQL Systems

A class of modern relational database management systems that seek to provide the scalability of NoSQL systems while maintaining the ACID guarantees of a traditional database system.

Autonomy

The right or condition of self-government, or in a more general sense, the capacity of an individual to make an informed, un-coerced decision.

Consistency

The quality of achieving a level of performance or standard, which does not vary greatly in quality over time.