Examlex
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Market Allocation
A method of distributing goods and services among buyers and sellers wherein prices are determined by supply and demand forces in the market.
Regulatory Agencies
Governmental bodies responsible for overseeing, implementing, and enforcing laws and regulations within specific sectors.
Secondary Effects
The indirect impact of an event or policy that may not be easily and immediately observable. In the area of policy, these effects are often both unintended and overlooked.
Future Crises
Potential, unforeseen events that could lead to severe economic, social, or environmental problems.
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