Examlex
Since the United States does not have a strong history of deep class-based divisions in society, the unionization rate and coverage is low when compared to Europe.
Level of Output
The total amount of goods or services produced in an economy over a certain period of time.
Government
The organization, machinery, or agency through which a political unit exercises authority and performs functions and which is usually classified according to the distribution of power within it.
Monopoly
A market structure characterized by a single seller selling a unique product in the market, leading to limited competition.
Policymakers
Individuals or groups responsible for making decisions in government that influence laws, regulations, and policies.
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