Examlex
Which of the following statements is true of sociotechnical systems (STS) ?
Ceteris Paribus
A Latin term used in economics to mean "all other things being equal," isolating one economic variable to analyze its effect.
Normative Economics
A branch of economics that expresses value judgments about economic fairness or what the economy ought to be like, focusing on policy prescriptions and outcomes.
Unintended Consequences
Outcomes that are not the ones foreseen or intended by a purposeful action, often contrasting with the action’s intended effects.
Endangered Species
Species of animals or plants that are at risk of extinction throughout all or a significant portion of their habitat.
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