Examlex
When the rate of alcohol consumption exceeds the liver's metabolic capacity,blood alcohol levels increase and symptoms of intoxication develop.
Unconscious Reference
An implicit or automatic reference to knowledge or information not consciously recognized by an individual.
Laissez-Faire
An economic philosophy advocating for minimal government intervention in the marketplace, allowing the free market to govern itself through supply and demand.
Invisible Hand
A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individuals pursuing their own interests unintentionally benefit society.
Adam Smith
An 18th-century Scottish economist and philosopher best known for his theories on free market economies and the concept of the 'invisible hand' guiding supply and demand.
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