I believe the answer is general environment.
Both of them essentially meant all the factors and conditions that affect economic situation in a nation as a whole.
This usually include things such as the legal policies that made by the government, The inflation rate that experienced, Resource availability, etc
Answer:
The Constitution of Bhutan (Dzongkha: འབྲུག་གི་རྩ་ཁྲིམས་ཆེན་མོ་; Wylie: 'Druk-gi cha-thrims-chen-mo) was enacted 18 July 2008 by the Royal Government of Bhutan. The Constitution was thoroughly planned by several government officers and agencies over a period of almost seven years amid increasing democratic reforms in Bhutan. The current Constitution is based on Buddhist philosophy, international Conventions on Human Rights, comparative analysis of 20 other modern constitutions, public opinion, and existing laws, authorities, and precedents.[1] According to Princess Sonam Wangchuck, the constitutional committee was particularly influenced by the Constitution of South Africa because of its strong protection of human rights.[2]
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This exercise demonstrates the use of forecasts in labor market information. It also looks at projections.
<h3>What is a projection?</h3>
A simple definition of the word projection, as used in statistics is, the prediction of a future value having considered the past statistics of a population should a given set of assumptions occur.
In business, projection is a desired future outcome while the forecast is an estimated future outcome, based on the balance of probability.
Labor market statistics relate to the data from the labor market that predicts employment trends. This can be executed according to occupation, geographical location, sectors, etc.
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