what is economic degradation?
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Photosynthesis, the process by which green plants and certain other organisms transform light energy into chemical energy. During photosynthesis in green plants, light energy is captured and used to convert water, carbon dioxide, and minerals into oxygen and energy-rich organic compounds.
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Economic degradation process attributes poor. economic performance to internal factors, such as culture, a late start in development, and, especially, domestic policies. EDP places the responsibility for economic growth or de- cline not on outsiders but principally on the policy choices made by each country.
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