Examlex
The tendency to assume that the background moves while figures or objects remain stationary is a phenomenon called stroboscopic motion.
Economic Problem
The fundamental challenge of efficiently allocating limited resources to satisfy unlimited wants and needs.
Limited Resources
The finite availability of resources, such as land, labor, and capital, which can restrict economic growth and development.
Unlimited Wants
The economic concept that humans have an endless number of desires for goods and services, even if resources for fulfilling those desires are limited.
Entrepreneurship
The act of starting and managing a business venture, along with any of its risks, in order to make a profit and innovate in the market.
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