Examlex
Describe the concept of regional economic integration.Do you believe that regional economic integration is a good thing? Explain your answer.
Neoliberal State
A type of government that strongly favors free-market capitalism, minimal government intervention in the economy, and reduction in social spending.
Authoritarianism
A political system characterized by a concentration of power in a leader or an elite not constitutionally responsible to the populace.
Economic Elites
A group of individuals holding significant wealth and power in a society, often influencing policy and decision-making processes.
Monopolization
The process or state by which a single company or entity gains exclusive control over a particular market or industry, often considered detrimental to competition and consumers.
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