Examlex
Which of the following is the best definition of a test as used in educational research?
Global Economy
The interconnected marketplace where goods, services, and labor are exchanged across worldwide platforms, transcending national borders.
Low-Cost Labor
Employment that is compensated at a low wage rate, often within industries or regions where labor rights are minimal or not rigorously enforced.
Capitalism
An economic system characterized by private or corporate ownership of goods and services, where production and consumption are driven by market forces and profit motive.
Economic System
An organized way a society structures its economic activities, such as production, distribution, and consumption of goods and services.
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