Examlex
How far does a beam of light travel through space in one 365-day year? (c = 3.0 × 108 m/s)
Shortsightedness Effect
The tendency of decision-makers to prioritize immediate benefits at the expense of long-term values.
Legislation
Laws and regulations enacted by a government body to dictate the behavior of individuals, businesses, and other organizations.
Economic Inefficiency
A situation where resources are not allocated optimally, leading to waste or lost potential output.
Political Process
The set of activities associated with making decisions in groups or other forms of power relations between individuals, such as government policy-making.
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