Examlex
When students studied others who were worse off than themselves, they felt greater satisfaction with their own lives. This is an example of the principle of
Social Regulation
Refers to government-imposed restrictions that aim to protect public health, safety, and well-being, as well as to ensure fair competition and consumer protection.
No Free Lunch
An expression indicating that everything has a cost, and nothing is truly given away without an expectation of something in return.
Less Government
A philosophy or approach that advocates for minimal governmental intervention in economic affairs.
Social Regulation
Rules imposed by government aimed at restricting behaviors that directly relate to the welfare of individuals in society, such as health, safety, and environmental regulations.
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