Examlex
When Dumi yells at Thabang for missing a deadline, Thabang does not retaliate at all.But when Thabang gets home, he slams the door and whacks the dog with the paper in frustration.Thabang is displaying ____________________ aggression.
Private Ownership
The legal rights of individuals or corporations to own property and assets, excluding governmental entities.
Economic Growth
(1) An outward shift in the production possibilities curve that results from an increase in resource supplies or quality or an improvement in technology; (2) an increase of real output (gross domestic product) or real output per capita.
Self-Interest
is the motivation by individual personal gain as the driving force behind economic decisions and actions.
Market System
In this economic framework, decisions related to investment, production, and distribution are governed by supply and demand forces, and the cost of goods and services is dictated by an unrestricted pricing mechanism.
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