Examlex
Match the term with the definition.
-A reform movement that often advocated government activism to mitigate the problems created by urban industrialism. The movement reached its peak in 1912 with the creation of a political party. The term has come to mean any general effort advocating for social welfare programs.
Policy Premiums
The amounts paid for insurance policies by the insured to the insurer to provide coverage for various risks.
Medical Expenditures
The total amount spent on healthcare services and products in a given period.
Asymmetric Information
A situation where one party in a transaction has more or better information than the other, leading to imbalances in power or decision-making.
High-Quality Goods
Products that exceed the standard quality level, often characterized by superior materials, craftsmanship, or durability.
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