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World Health Organization data suggest that, worldwide, approximately ___________ of the world's workers are employed in hazardous jobs, both from risk of injury or illness and from death.
Interest Payments
Payments made to lenders as compensation for borrowing money, typically calculated as a percentage of the loan amount.
Market Failure
A scenario in which the distribution of goods and services through a free market fails to be efficient, frequently resulting in a decrease in net social welfare.
Negative Externalities
Costs experienced by someone who is not directly involved in the production or consumption of a good or service.
Positive Externalities
Benefits experienced by third parties or society at large as a result of an economic activity, without the third party incurring any cost.
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