Examlex
In prototyping, implementation and maintenance activities are repeated as necessary until the product is correct.
National Defense
The government functions and mechanisms aimed at protecting a country against external aggression, threats, and maintaining sovereignty.
Free Market
An economic system where prices are determined by unrestricted competition between privately owned businesses, without excessive government control or intervention.
Externality
A consequence of an economic activity experienced by unrelated third parties; it can be either positive (beneficial) or negative (harmful).
Education's Benefit
Refers to the positive impacts of education on an individual's abilities, earning potential, and societal contributions.
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