Examlex
When externalities are present, market prices do not reflect all the social costs or benefits of the activity.
Emerging Countries
Nations that are in the process of rapid growth and industrialization, often displaying potential for economic development.
Developing Countries
Nations with lower levels of industrialization, lower standards of living, and often a lower Human Development Index (HDI) compared to developed countries.
PR
A practice focused on managing and disseminating information from an individual or an organization to the public in order to influence their perception.
Gatekeeper
An individual or entity that controls access to something, often determining whether a message or piece of information is disseminated.
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