Examlex
What technological advances were made in the High Middle Ages,and how did they change Europe?
Social Insurance Contributions
Payments made to social security systems by employers, employees, or the self-employed, used to fund public programs such as pensions, unemployment benefits, and health care.
Transfer Payment
Payments made by the government to individuals for which no good or service is provided in return, such as welfare benefits.
Capital Equipment
Assets used by businesses to produce goods and services, such as machinery, tools, and buildings.
Depreciation
A reduction in the value of an asset over time, often due to wear and tear or obsolescence.
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