Examlex
The marginal propensity to consume (MPC) is defined as:
Postmodern City
An urban development concept characterized by diversity, fragmentation, and the blending of cultural, temporal, and economic elements in an unpredictable manner.
Style Of Life
The unique way in which an individual or group lives, including patterns of behavior, consumption, activities, and interests that define their identity.
Gentrification
The process of renovating and improving a district so that it conforms to middle-class taste, often leading to the displacement of lower-income residents.
Inner City
Refers to the central area of a major city, often characterized by high population density, aging buildings, and sometimes socio-economic challenges.
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