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When prisoners' dilemma games are repeated over and over, sometimes the threat of penalty causes both parties to cooperate.
Building Infrastructure
The process of constructing physical and organizational structures and facilities needed for the operation of a society or enterprise.
Physical Capital
Assets used in the production process that are tangible, such as buildings, machinery, and equipment.
Social Overhead Capital
Publicly funded infrastructure that supports economic activity, such as highways, schools, and hospitals.
Human Capital
The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
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