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Marine Resources And EEZ

 Marine Resources – Economic significance and EEZ Economic significance of Marine Resources Marine energy Marine energy or marine power (also sometimes referred to as ocean energy, ocean power, or marine and hydrokinetic energy) refers to the energy carried by ocean waves, tides, salinity, and ocean temperature differences. The movement of water in the … Read more

Veblen Goods

The Paradox of Prestige: Exploring the World of Veblen Goods In the realm of economics, where supply and demand dictate the dance of prices, there exists a curious anomaly – a class of goods that defy conventional wisdom. These are the Veblen goods, named after the renowned economist Thorstein Veblen, who first observed their peculiar … Read more

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