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Describe the Three Basic Types of Peer-To-Peer Processing

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Describe the three basic types of peer-to-peer processing.


Definitions:

Economic Status

The level of economic wealth, or prosperity, achieved by an individual, group, or country, often measured by income, wealth, and employment.

Technological Change

Refers to the process by which new technologies are developed and introduced, leading to improvements in productivity, efficiency, or quality in goods and services.

Skilled Labor

Workforce with specialized knowledge, training, and experience requiring advanced skills and education.

Unskilled Labor

Work that requires no specialized skills, education, or training, and often involves manual labor.

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