Examlex
Using power as a dimension, the countries of the world can be divided economically into three levels. Those with the most power are the .
Labor-intensive Production
A production process that relies more heavily on human labor than on technology or machinery, often characteristic of industries that require skilled workers.
Human Capital Shortages
A situation where there is a lack of adequately skilled or qualified individuals in the workforce to meet the demands of the job market.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, typically measured as a percentage increase in real gross domestic product (GDP).
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