Examlex
Peskin describes trauma as a "disorder of dehumanization." Further explain this concept and related approaches to treatment.
Equitable
Equitable refers to something characterized by fairness, impartiality, and justice, particularly in the way people are treated or decisions are made.
Market Failure
When the free market's distribution of goods and services is inefficient, it typically results in a reduction of societal welfare.
Inefficient Allocation
A situation where resources are not used in the best possible way, often leading to waste or unmet needs.
Negative Externality
An undesirable outcome of an economic activity that affects third parties who did not choose to incur that cost or benefit.
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