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econonmic values

 

Definitions from the Web

Economic Values

Definition: Economic values refer to the principles, beliefs, and ideals that prioritize economic prosperity and the efficient allocation of resources.

Examples of Economic Values:

1. Noun (General Sense):

The economic values of a country are often indicated by its gross domestic product (GDP) and the overall standard of living of its citizens.

Sample Sentence: High economic values promote sustainable growth and development.

2. Noun (Moral Sense):

In ethical debates, individuals may discuss the economic values related to the distribution of wealth, income inequality, and social justice.

Sample Sentence: Some argue that economic values should prioritize reducing poverty and narrowing the wealth gap.

3. Adjective:

Economic values education can equip individuals with the knowledge and skills needed to understand and contribute to the economy.

Sample Sentence: Students should be exposed to economic values concepts early on to become responsible participants in the market.

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