Examlex
What does the term state mean in international relations? What are the characteristics of a state? Why and how have nation-states been important in the history of international relations?
Recession of 2001
A period of economic decline observed in 2001, marked by a decrease in industrial production, consumer spending, and several instances of bankruptcy, largely influenced by the bursting of the dot-com bubble.
Output
The aggregate output of goods and services generated by an economy.
Inflation Rate
The percentage rate at which the general level of prices for goods and services is rising, eroding purchasing power over time.
Unemployment Rate
The percentage of the labor force that is jobless and actively seeking employment, serving as a key indicator of labor market performance.
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