Examlex
Explain the economic assumption that "people are rational."
Poor Countries
Nations with low levels of socioeconomic development, characterized by low incomes, high poverty rates, and limited access to basics.
Sociological Imagination
The ability to see the link between individual experiences and the larger society, as conceptualized by C. Wright Mills.
Global Impact
The effects or consequences of actions, events, or conditions that have a wide-reaching influence across the world.
Consumer Habits
Patterns or tendencies in purchasing behavior displayed by individuals or groups as they buy products or services.
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