Examlex
TQM links organizational objectives and the behavior of individuals.
Gross Savings
The total amount of savings generated within an economy, representing the difference between income and consumption.
Budget Surplus
A financial situation where a government's revenues exceed its expenditures over a specific timeframe.
Military Spending
The amount of financial resources dedicated by a nation to maintaining and equipping its armed forces and defense activities.
Malthusian Theory
A theory proposed by Thomas Malthus suggesting that population growth will outpace agricultural production, leading to widespread famine and disaster.
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