Examlex
Collaborative engineering automates order processes from initial customer inquiry to final product delivery.
Labor Productivity
A measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.
Real Income Per Capita
A measure of the average income earned per person in a given area adjusted for inflation, reflecting the actual purchasing power of individuals.
Per Capita Income
The average income earned per person in a given area in a specified year, used as an indicator of the economic health of a region.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, typically measured by the change in Real GDP.
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