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When production levels are expected to decline within a relevant range, what effects would be anticipated with respect to each of the following?
Corruption
The abuse of entrusted power for private gain, which can occur in both the public and private sectors.
Poor Administration
Inefficient or ineffective management practices within an organization or government, often leading to suboptimal results, waste, or failure to meet objectives.
Nationalization
The process by which a government takes ownership and control of private assets or industries, often to ensure public access or control.
Domestic Industries
Refers to the sectors and companies that produce goods and services within a country's borders, contributing to its overall economy.
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