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The Basic Coordinating Mechanism in a Free-Market System Is

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The basic coordinating mechanism in a free-market system is


Definitions:

Judicial Branch

The Judicial Branch is one of the three branches of government, primarily responsible for interpreting the law, resolving disputes under the law, and deciding on the constitutionality of laws.

Government Bureaucrat

An official working within the complex administrative system of government, responsible for implementing policies, laws, and regulations.

Government Policy

Strategies or plans of action adopted by a government to achieve its goals, often in response to societal issues.

Intra Vires

Within the powers; an action taken by an entity that is within the scope of its legal authority.

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