Examlex
_________ is where the courts have to determine what Congress meant by a statute. (For example, is discrimination on the grounds of pregnancy included in the prohibition on sex discrimination in the Civil Rights Act of 1964?)
Central Planning
A system where economic decisions, such as the allocation of resources, are made by the government or a centralized authority.
Market System
An economic system in which market forces of supply and demand guide the production of goods and services and their distribution.
Property Rights
The theoretical and legal ownership rights assigned to the use, control, and transfer of property, which can be applied to both physical and intellectual properties.
Central Planning
An economic system where decisions regarding production and investment are embodied in a comprehensive plan formulated by a central authority, typically the government.
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