Examlex
Discuss a collective action problem that you have personally encountered?
Manufacture Prototypes
The process of creating early models or samples of a product to test its functionality, design, and feasibility.
Chinese Factories
Manufacturing facilities located in China, often noted for their high production capacity and cost-effectiveness.
Low Costs
Refers to strategies or measures implemented to reduce expenses and financial outlays in order to achieve better efficiency or increase profitability.
Crowdfunding
The act of financing a venture or project by collecting small amounts of money from numerous people, often through an online platform.
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