The share of income received by different groups is called ________

Fill in the blank(s) with correct word

income distribution

Economics

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An important reason for the Industrial Revolution to have started in Britain is that:

A) there were high entry barriers in British markets. B) Britain had a patent system. C) entrepreneurship was discouraged in Britain. D) Britain had extractive institutions.

Economics

What does it mean for an industry to be considered an increasing cost industry?

What will be an ideal response?

Economics