Examlex
When those below the age of 21 were first allowed to vote in presidential elections,they
Pollution Permits
Licenses issued by governments that allow the holder to emit a certain amount of pollution; these can be traded in a market.
Interested Parties
Refers to individuals or groups that have a stake or interest in the outcome of a project, decision, or outcome.
Efficient Outcome
A situation in which resources are allocated in the most effective way possible, often achieved through market equilibrium where supply equals demand.
Government Intervention
Actions by a government to influence or directly manage an economy or specific sectors, aiming to correct market failures, stimulate economic growth, or achieve social objectives.
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