Examlex
A detailed version of an idea stated in meaningful consumer terms is defined as:
Government
The system or group of people governing an organized community, often a state, with the authority to make and enforce laws, policies, and decisions.
Tradable Pollution Permits
A regulatory system that allows companies to buy or sell allowances for a specific amount of pollution, encouraging reduction in overall emissions.
Free Market
An economic system in which prices are determined by unrestricted competition between privately owned businesses.
Final Allocation
The ultimate distribution of goods, services, or resources among different parties or locations.
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