Examlex
Which is the term originally used to refer to the experiences of Jews,and later Armenians,who were forcibly exiled from their homelands,but more recently used to include all groups that move from one part of the world to another?
Excess Supply
a situation where the quantity of a good or service supplied in a market exceeds the quantity demanded at the current price, leading to downward pressure on the price.
Property Rights
Legal rights to possess, use, and dispose of assets including real estate, intellectual property, and tangible goods.
Economic Efficiency
A measure of how well scarce resources are utilized for producing goods and maximising the satisfaction or utility of consumers.
Market Equilibrium
A condition where the supply and demand in the market equilibrate, leading to stable prices.
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