Examlex
In a short essay, describe the characteristics of a divisional structure.
Planning Board
A governing body or committee responsible for setting policies, goals, and procedures related to urban planning, development, and infrastructure projects.
Private Ownership
The legal rights of individuals or corporations to own property and assets, excluding governmental entities.
Economic Growth
(1) An outward shift in the production possibilities curve that results from an increase in resource supplies or quality or an improvement in technology; (2) an increase of real output (gross domestic product) or real output per capita.
Self-Interest
is the motivation by individual personal gain as the driving force behind economic decisions and actions.
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