Examlex
Nazi Germany and the Soviet Union are both examples of autocracies.
Tax-Transfer Activities
Government actions involving the collection of taxes and redistribution of income through spending and transfers to achieve economic objectives.
Opportunity Costs
The loss of potential gain from other alternatives when one alternative is chosen, representing the cost of forgone options.
Goods And Services
The physical items (goods) and activities (services) that satisfy human wants or needs and are available for purchase.
Resources
Materials, money, staff, and other assets that can be drawn on by a person or organization in order to function effectively.
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