Examlex
The "invisible hand" refers to the control that government must exercise over a market economy.
Dialectical Reasoning
A method of argument for resolving disagreement that involves the exchange of arguments and counter-arguments, aiming to find the truth through reasoned dialogue.
Contextual Intelligence
The aptitude to understand and apply knowledge effectively across varied situations by keenly evaluating the contextual factors.
Factor Analysis
A statistical method used to describe variability among observed, correlated variables in terms of a potentially lower number of unobserved variables called factors.
Justification of Effort
The tendency for individuals to attribute a greater value to an outcome they had to put effort into achieving or acquiring.
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