Examlex
Most organizations provide regular training and development programs for managers and employees.
Economic Growth
An increase in the amount of goods and services produced per head of the population over a period of time, indicating improvements in living standards and economic health.
International Competitiveness
The ability of a country to produce goods and services at a lower price and higher quality than its international competitors.
Economic Fluctuations
Variations in the growth rate of an economy over a period of time, characterized by cycles of expansion and contraction.
Regressive Income Tax
A tax system where the tax rate decreases as the taxable amount increases, placing a higher relative burden on lower-income earners.
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