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What Are the Categories into Which the World Economic Forum

question 82

Essay

What are the categories into which the World Economic Forum divides the economies of the world? Explain with examples.


Definitions:

LED Bulbs

Light Emitting Diode (LED) bulbs are energy-efficient lighting devices that convert electricity directly into light.

Solar Panels

Devices that convert sunlight into electricity, composed of photovoltaic cells that capture and transform solar energy.

Independent Retailers

Retail businesses that are owned and operated independently, not part of a larger chain or franchise.

Corporate Chains

Businesses owned and operated by a single organization that has multiple outlets in various locations.

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