Examlex
Match the term with the definition.
-Nuclear disarmament agreement reached between the United States and the Soviet Union in 1987,signifying a major thaw in the Cold War.It eliminated all short- and medium-range missiles from Europe and provided for onsite inspection for the first time.
Adam Smith
An 18th-century Scottish economist known as the father of modern economics, best remembered for his theory of the invisible hand.
Wealth Of Nations
A seminal book by Adam Smith, published in 1776, that discusses what builds nations’ wealth, emphasizing the importance of a free market economy.
Virtues
Moral excellence and righteousness; qualities of character that are deemed to be morally good or desirable in a person.
Market System
In this economic order, the strategies for investment, production, and merchandise distribution are dictated by supply and demand trends, with a free-market policy guiding the pricing of all goods and services.
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