Examlex
Abstraction ignores many details in order to focus on the most important elements of a problem.
Rural Production
The process of producing food, fiber, and other goods in rural, often agriculturally focused, areas.
American Economy
The American economy pertains to the economic system of the United States, characterized by a mixed economy with both private sector freedom and government regulation.
Capitalism
An economic system characterized by private or corporate ownership of capital goods, by investments determined by private decision, and by prices, production, and the distribution of goods determined mainly by competition in a free market.
Cumberland Road
Also known as the National Road, it was the first major improved highway in the United States to be built by the federal government, stretching from Cumberland, Maryland, to Vandalia, Illinois, initiated in 1811 to facilitate westward expansion.
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