Examlex
Some sociologists argue that globalization and postindustrialism will lead to a future in which people's freedom is ever more constrained. Which of the following best exemplifies their concern?
Economy
The system by which goods and services are produced, distributed, and consumed within a society or geographic area.
Inefficient
The condition where resources are not used in the best possible way, often leading to waste and loss of potential gain.
Economy
A system consisting of the production, trade, distribution, and consumption of goods and services by different agents in a given geographical location.
Bowed Shape
A curve representing the relationship between two variables where the curve slopes outward, commonly used to describe certain types of economic functions.
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