Examlex
The normal sequence of developmental stages is
Public Interest
The welfare or well-being of the general public, often considered as a guiding principle for governmental policy.
Goods And Services
The output of an economy, consisting of both tangible products (goods) and intangible activities (services) that provide value to consumers.
Willing And Able
Describes consumers who have both the desire to purchase goods and services and the purchasing power to do so.
Creative Destruction
The hypothesis that the creation of new products and production methods destroys the market power of existing monopolies.
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