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Customers arrive and wait in one line single file as their documents are checked. Then they load their carry-on items on the conveyor belt for inspection. Finally, they walk through a metal detector before retrieving their carry-on items and proceeding to their departure gate. This facility is ________ channel, ________ phase.
Social Overhead Capital
Basic infrastructure projects such as roads, power generation, and irrigation systems.
Developing Country
A nation with a lower level of material wealth, industrialization, and human development index compared to developed countries.
Free-Rider Problem
A problem intrinsic to public goods: Because people can enjoy the benefits of public goods whether or not they pay for them, they are usually unwilling to pay for them.
Remittances
Money sent by workers to people (usually family members) in their country of origin.
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