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What are the steps in the employee recruiting process?
Market System
In this economic framework, the determination of investment, production, and distribution is influenced by the market signals emanating from the interplay of supply and demand.
Economic System
The mechanism or set of processes by which a society organizes and distributes its resources, goods, and services.
Factors Of Production
The four economic resources: land, labor, capital, and entrepreneurial ability.
Economic Systems
The structure and methods by which a society allocates resources and distributes goods and services among its population.
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