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If a supplier has high power, what can it do to influence its industry?
Illiterate
The condition of being unable to read or write, affecting a person's ability to fully participate in society and the economy.
Economic Development
The process by which a nation improves the economic, political, and social well-being of its people.
Low Income
Indicates earning levels that are significantly lower than the average or median income in a given region or society.
Labor Productivity
A measure of economic performance that calculates the output per unit of labor input, such as output per hour worked.
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