Examlex
What are knowledge portals and what do they support?
Coordinate Economic Activity
The process of organizing and managing various facets of the economy to ensure efficient and effective functioning.
Technology Used
Refers to the application of scientific and technical knowledge to production processes to improve efficiency, increase output, or create new products.
Quantity and Quality
Refers to the amount and the standard of a product or service, indicating its overall value or suitability.
Coincidence of Wants
A situation in a barter system where two parties each have something the other wants, facilitating an exchange without the need for money.
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