Examlex
The discounted rate that makes the net present value of the investment maximize is called the internal rate of return.
Nearshoring
Outsourcing production or services to locations near a company’s home base or closer to customers.
Offshoring
The relocation of a business process or operation from one country to another, often to leverage lower labor costs.
American Industrial Revolution
A period of rapid industrial growth and technological innovation in the United States during the 18th and 19th centuries that transformed the economy.
Railroad System
A transportation network consisting of tracks, stations, and vehicles (such as trains) used for moving goods and people over long distances.
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