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In proportionate stratified sampling,the size of each stratum is the basis for allocating the total sample across the population strata.
Communist Central Planning
A system where the government makes all decisions about the production and allocation of goods and services in an economy.
Personal Gain
The benefit or advantage one receives or aims to receive from an action or investment, often measured in terms of financial or personal satisfaction.
Market System
A system of economics where the choices about investment, production, and distribution rely on the principles of supply and demand, and the pricing of goods and services is established freely in the market.
Business Risk
The potential for losses or less than expected returns stemming from the operational aspects of a business.
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