Examlex
A local area network (LAN)is a communications network that interconnects a variety of data communications devices within a small geographic area and broadcasts data at high data transfer rates.Expand on this definition by explaining the various terminology used.
Federal Budget
The government's estimate of revenue and expenditure for a specific fiscal year.
Fiscal 2009
Refers to the government's financial year 2009, which varies by country but typically encompasses a 12-month period used for accounting and budget purposes.
Laissez-faire
An economic philosophy advocating minimal government intervention in the market and the economy, allowing businesses to operate with few regulatory constraints.
High Unemployment
This term refers to a situation where a significantly larger portion of the workforce is without jobs, indicating economic distress or a recession.
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