Examlex
Which of the following individuals founded the American Psychological Association (APA) more than 100 years ago?
Government
A system or group of people governing an organized community, often a state, and set policies, laws, and regulations.
Private Markets
Markets where transactions occur directly between parties without significant regulatory oversight, often avoiding public exchanges.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be consumed by anyone and one person’s consumption doesn’t reduce availability to others.
Free-riders
Individuals who benefit from resources, goods, or services without paying for them, often seen in public goods and collective risk scenarios.
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