Examlex
How has the Internet changed American society and the American economy? Do you believe these changes are permanent?
Private Ownership
Ownership of assets by individuals or corporations rather than by the state or public entities.
Licensing Agreement
Occurs when a firm pays a fee for the rights to make or sell another company’s products.
Manufacturing Technology
The machinery, equipment, and processes used in the production of goods, emphasizing efficiency and quality.
Patent
Legal protection granted to inventors, giving them exclusive rights to manufacture, use, or sell their invention for a certain period.
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