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Liquids and solids expand only slightly when heated, whereas gases expand appreciably when heated. If the gas is not free to expand, its pressure rises when heated. Certain substances may melt, burn, boil, or explode, depending on their composition and structure. Thus, the thermal behavior of a substance is closely related to its structure. Raymond A. Serway, Physics for Scientists and Engineers, 4th ed.
Invisible Hand
A metaphor introduced by Adam Smith to describe how individual self-interest in a free-market economy leads to economic well-being and efficiency as if by an invisible hand guiding them.
Private Interests
Interests or goals that are pursued by individuals or entities for their personal or organizational benefit, rather than for the public good.
Social Interests
The collective welfare or well-being of a community or society as a whole.
Pure Competition
Another term for perfect competition, where a market structure features many buyers and sellers, no barriers to entry, and homogeneous products.
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