Examlex
According to McClelland, there are two sides to the need for power, including personal
power and institutional power.
Specialization Of Labor
The practice of dividing labor into specific, narrowly defined tasks to increase efficiency and productivity.
Production
The process of creating goods or services using input resources like labor, materials, and technology.
Self-Sufficiency
The ability of an individual, household, or country to maintain itself without external assistance, relying on its own resources and capacities.
Exchange
A platform or mechanism for trading financial instruments, commodities, or other goods and services between parties.
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