Examlex
Juran charts are used to display data in a way that helps managers find the most vital few problem issues related to quality and separate the vital few from the trivial many.
Peculiar Institution
A euphemism once used to refer to the American system of slavery, especially in the antebellum South, highlighting its distinctive and controversial nature.
Economic Drain
A situation where wealth or resources are transferred out of an economy, often due to unfavorable trade balances, colonial exploitation, or remittances.
Industrial Revolution
A period of major industrialization that took place during the late 1700s and early 1800s, transforming manual labor-based economies into ones dominated by industry and machine manufacturing.
Wool Shortage
A period when the supply of wool falls significantly short of demand, leading to increased prices and potential economic impact.
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