Examlex
What type of eruption formed the volcano in this photograph?
Private Sector
Refers to the part of the economy that is run by individuals and companies for profit, as opposed to being controlled by the government.
Productivity
A measure of the efficiency of production, often calculated as the ratio of output to inputs used in the production process.
Productivity
The assessment of the effectiveness with which products and services are created, commonly measured by the amount of output for each input unit.
Output
The total amount of goods and services produced by an economic system, typically measured over a specific time period.
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