Examlex
The need for____________________ is the desire to do something better or more efficiently that it has been done before.
Technological Knowledge
The information and understanding related to the practical application of tools, machines, materials, and processes used to solve problems or invent new products.
World's Income
The total income generated by all individuals and entities across the globe, often used in comparisons of wealth and economic performance between countries.
Real Outputs
Refers to the actual goods and services produced by an economy, as measured without inflation.
Absolute Income Gap
The absolute difference in income levels between individuals, groups, or countries.
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