The Institutions of Private Property and Markets Provide One Means

question 51

True/False

The institutions of private property and markets provide one means of alignment, since a voluntary transaction, such as a supply contract between two firms, makes both the buyer and seller better off.

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Definitions:

Genes

Units of heredity made up of DNA that carry information for the development, functioning, growth, and reproduction of organisms.

Spina Bifida

A congenital defect in the spine in which part of the spinal cord and its meninges are exposed through a gap in the backbone.

Structural Malformation

A defect or abnormality in the structure of an organ or part of the body, often present from birth.

Spinal Tissues

The various types of tissues, including muscles, nerves, and skeletal structures, that make up or are associated with the spine.