GLOSSARY
Economic Activity (economic actividi): Economic activity is called to
any process where acquired products, goods or services.
Productivity (productividi): Productivity is the relationship between the
amount of products obtained by a production...
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GLOSSARY
Economic Activity (economic actividi): Economic activity is called to
any process where acquired products, goods or services.
Productivity (productividi): Productivity is the relationship between the
amount of products obtained by a production system and the resources
used for this production.
Invisible Hand - Adam smith (Invicivol geat): is the concept used
in neoclassical economics to model human behavior.
Market Failure (Market fediat): In economics, market failure is the
term used to describe the situation that occurs when doing a market
supply of a good or service is not efficient.
Economic Expansion (economic espanchot): Growth occurred in
a fiscal year, in relation to the above, the actual levels of production of
goods and services in an economy.
Recession (receshion): It is the general decline in economic
activity of a country or region, as measured by the decrease in
annual rate of gross domestic product long enough.
Depression (depreshion) : A depression is a severe
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