Examlex
Give-and-take communication with active feedback is likely to be more effective than one-way communication.
Production Possibilities Frontier
A graph that shows the highest production potential for two products, based on available resources and various factors.
Means of Production
The resources—including land, labor, capital, and technology—used to produce goods and services in an economy.
Capital
Wealth in the form of money or assets, used in the production of more wealth.
Depression
An extended period of significant decline in economic activity across an economy, characterized by high unemployment, low consumer spending, and reduced industrial output.
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