Examlex
The 1990 Children's Television Act required stations to include educational television in their Saturday morning lineups but lacked a definition of what "educational" programming is by law. As a result, broadcasters were willing to define almost anything as educational, including old cartoons such as The Flintstones and The Jetsons. What type of political constraint response is this?
Open Market
An economic system with no or minimal barriers to trade, where prices are determined by supply and demand forces without significant regulation.
Variable Interests
Interests in an entity that change with fluctuations in the entity's net asset value, income, or cash flows.
Residual Profits
Profits remaining after all costs, including capital costs such as interest on loan capital and equity capital, have been deducted.
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