Examlex
Traditional media (the sender) use one-way communication directly to the ultimate consumer to advertise marketers' products. These consumers are therefore referred to as
Advanced Technologies
Modern and cutting-edge technologies that offer significant improvements over existing technologies in terms of performance, efficiency, or capabilities.
Expensive Labor
Refers to labor that has a high cost, often due to skills, experience, or wage regulations that increase the compensation required to employ workers.
Resource Endowments
The natural resources, capital, and human skills that a country or region has available for economic production.
World Bank
An international financial institution that offers loans, grants, and expert advice to developing countries for economic development projects.
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