Examlex
The ego is described as having a subordinate role in Freud's structural model.
Market Economy
An economic system where supply and demand from private enterprises and consumers dictate the production of goods and services.
Invisible Hand
A term coined by Adam Smith to describe the self-regulating nature of the marketplace where individuals pursuing their own interest inadvertently benefit society at large.
Government Policies
Measures and regulations implemented by a government to influence economic, social, or administrative outcomes in the country.
Government Intervention
Actions taken by a government to influence or directly control economic activities, often to correct market failures or promote economic stability.
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