Examlex
Data is recorded facts and figures;information is knowledge derived from data.
Capital Facilities
Assets such as buildings, utilities, and major machinery which are essential for the production process in an organization or for providing services.
Laissez-faire Perspective
An economic philosophy advocating for minimal government intervention in the market, allowing individuals to act according to their own self-interests.
Monopoly Power
The exclusive control by one company over an entire industry or sector, allowing the company to manipulate market prices and conditions.
Antitrust Laws
Regulations established to encourage competition by limiting monopolies, price fixing, and other practices detrimental to free market economics.
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