Glossary

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L

Lean Economy

Lean economics is the means of maintaining the stability of an economy that does not grow. Its institutions are designed as essential means to manage and protect its small scale.

Link: https://tinyurl.com/5f7dnnmm

Living Wage

A living wage is a socially acceptable level of income that provides adequate coverage for basic necessities such as food, shelter, child services, and healthcare. Link: https://tinyurl.com/yc3fnyx2