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单词 friction-free capitalism
释义

friction-free capitalism

friction-free capitalism A term coined by the US founder of Microsoft, Bill Gates (1955–), to refer to the enhanced efficiency of markets resulting from the widespread use of the Internet; this is held to have abolished such traditional market imperfections as physical distance, lack of information, lack of choice, and local regulation.

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更新时间:2025/1/22 18:09:21