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The development of a financial market is not important in determining the economic growth of a nation.
ΔG° Value
Represents the standard free energy change of a reaction at constant temperature and pressure, indicating the spontaneity of the process.
Standard Conditions
The set of established conditions including 0°C (273.15 K) and 1 atmosphere pressure used as a baseline to measure properties of substances.
Equilibrium Constant
A numerical value that expresses the ratio of concentrations of products to reactants at equilibrium, specific for a given reaction at a given temperature.
Gibbs Free Energy
A thermodynamic quantity used to predict the feasibility of a reaction at constant temperature and pressure.
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