Examlex
In response to a shortage,the market price of a good will rise.As the price rises,the demand will decrease and supply will increase until equilibrium is reached.
Economic Dependency
The condition of relying heavily on another economy for support, goods, services, or financial aid.
Income Distribution
How a nation’s total GDP is distributed amongst its population, affecting economic inequality.
Global South
A term used to describe countries considered lower-income and predominantly situated in the Southern Hemisphere, often focusing on their development challenges.
College Educations
Formal post-secondary training or instruction received at colleges or universities, which can lead to an associate's, bachelor's, master's, or doctoral degree.
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