Examlex
Although an individual child does not interact directly with the __________, the child's development is directly affected because this system includes structures and units such as the workplace, social services, and health services that have an effect on the child's well-being.
Inheritance
Inheritance involves the passing of assets, properties, and debts from the deceased to their heirs or beneficiaries.
Command Economy
An economic system where the government controls all major aspects of production, investment, and distribution.
Laissez-Faire
An economic theory from the 18th century that is strongly against the government interfering in the marketplace.
Invisible-Hand
A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interest inadvertently benefits society at large.
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