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- Dictionaryin·cep·tion/inˈsepSH(ə)n/
noun
- 1. the establishment or starting point of an institution or activity: "she has been on the board since its inception two years ago"
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21 hours ago · BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.Originally identified to highlight investment opportunities, the grouping evolved into an actual geopolitical bloc, with their governments meeting annually at formal summits and coordinating multilateral policies since 2009.
21 hours ago · The private (capitalist) sector in the People's Republic of China has grown exponentially and thrived since its inception, despite having an authoritarian government. Augusto Pinochet 's rule in Chile led to economic growth and high levels of inequality [95] by using authoritarian means to create a safe environment for investment and capitalism.