Examlex
According to the general systems theory,the outer boundary of an open-system organization is not permeable.
Taxed Twice
A situation where the same income or financial transaction is subject to taxation twice, often seen with corporate dividends taxed at both the company level and again at the shareholder level.
Egalitarian Society
A community or society in which social equality in terms of wealth, status, and power is emphasized and maintained.
Saving
The act of not spending a portion of income and setting it aside for future use, often in a deposit account or as an investment.
Deficits
The situation that arises when a government, company, or individual spends more money than it receives in income or revenue over a specified period.
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