Examlex
Round off the following decimal to the nearest tenth.
1.45 = _____
Rent Seeking
The practice of gaining economic benefits through manipulation or exploitation of the political environment, often by influencing regulations or policies to obtain monopolies or other competitive advantages.
Private Sector
The part of the economy that is owned and operated by individuals and companies for profit, rather than by the government.
Wealth Creation
The process of generating a net increase in economic resources from various activities, such as investment or entrepreneurship.
Operational Efficiency
The capability of an organization to deliver products or services to its customers in the most cost-effective manner without sacrificing quality.
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