Examlex
In one hour,Juan can produce 8 chairs or 2 tables.If chairs are on the vertical axis,the slope of his production possibilities curve is
Risk Society
A society where the management and prevention of risks, particularly those that are man-made, become central to social, political, and economic life.
Technological Determinism
The theory that technology shapes and determines the development of human social structure and cultural values.
Normal Accidents
The concept that in complex systems, accidents are unavoidable and inherent due to the intricate interactions and dependencies of system components.
Capital Investment
Money spent by a business entity to acquire or upgrade physical assets such as property, industrial buildings, or equipment to increase its long-term revenue.
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