Examlex
It is likely that analyses based on inequality,such as that in critical and conflict theory,will become outmoded as periphery nations rise to compete in the global economy.
Profit
The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Joint Ventures
A commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities.
Taxed
Subject to a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization.
Formal Agreement
A legally binding contract or document established between two or more parties, outlining specific terms and conditions that are enforceable by law.
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