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Production Possibilities Curve
The Production Possibilities Curve (PPC) is a model that shows the various combinations of two goods or services that an economy can produce, given its resources and technology, illustrating the concept of opportunity cost.
Unemployment Rate
The percentage of the labor force unemployed at any time.
Technological Advance
The development and application of innovative processes, equipment, or software that enhances productivity, efficiency, or quality.
Farmers
Individuals or entities engaged in the activity of agriculture, which includes the cultivation of plants and rearing of animals for food, fiber, biofuel, medicines, and other products used to sustain and enhance human life.
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