Examlex
An inward shift of a nation's production possibility frontier can occur due to:
Society Develops
The process through which a society grows or changes over time, involving social, economic, cultural, and technological evolution.
Status Groups
Communities that share a common lifestyle and identify with each other, often ranked by society based on honor, prestige, and lifestyle, rather than solely wealth or economic standing.
Weber
Refers to Max Weber, a German sociologist, philosopher, and political economist whose ideas profoundly influenced social theory and social research.
Social Influence
The process by which individuals change their thoughts, feelings, or behaviors as a result of interacting with others or being exposed to others' influence.
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