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The differential equation is
Minimum Wage
The lowest legally permissible amount of money that workers can be paid by employers for their labor, determined by law or contract.
Nikefication
A term referring to the adaptation of a brand's marketing strategies across different cultures and communities, often associating with the global expansion practices of companies like Nike.
Uberization
The transformation of traditional industries in the way that Uber has revolutionized the taxi business, emphasizing platforms that connect consumers directly with providers of goods or services.
Negatively Affects
To have an adverse impact on something, resulting in harm, deterioration, or reduction in quality or value.
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