Examlex
________ is the property that occurs when entity types or object classes are arranged in a hierarchy and each entity type or object class assumes the attributes and methods of its ancestors.
Economic System
An organized way in which a state or nation allocates its resources and apportions goods and services in the national community.
Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, income, employment, and other indicators.
Investment
The allocation of resources, such as capital or time, into something with the expectation of generating income or profit in the future.
Consumption
The action of using goods and services for personal needs or wants.
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