Economy poster

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The concept of Product differentiation is a promoting system that endeavours to recognize an organization's items or administrations from the rivals. Fruitful distinction includes identifying and imparting one of a kind characteristics of an organization's contributions while featuring the particular contrasts between those contributions and others available. This differentiation goes inseparably with building up a substantial incentive to make an item or administration alluring to an…

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Command Economy- An economic system in which the government decides what, when, and how much will be produced and distributed

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John Maynard Keyenes once wrote that, "Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.” But today the greater danger is that practical men and women gravitate to vulgar versions of the dominant beliefs of economists who are very much alive.