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A decrease in the real wage would result in a
Technological Revolution
A period of rapid technological development and innovation that significantly transforms economies, societies, and culture.
Managed Care
A healthcare delivery system aimed at managing the quality and cost of medical services through negotiated fee structures and care oversight.
Information Age
A period in human history characterized by the shift from traditional industry to an economy based on the processing and management of information, largely facilitated by technological advancements.
Reality Therapy
A form of therapy focusing on personal responsibility and addressing current problems and behaviors to satisfy basic needs.
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