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Economic change refers to transformations in the structure, processes, or performance of an economy, often driven by factors such as technological advancements, shifts in consumer behavior, or changes in government policy. These changes can lead to various effects, including alterations in employment patterns, shifts in industry dominance, and impacts on income distribution. Additionally, economic change can influence overall economic growth, stability, and societal well-being, potentially leading to both opportunities and challenges for individuals and businesses.

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3w ago

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