Examlex
Which of the following is true of group voting patterns in American elections?
"The Invisible Hand"
A term coined by Adam Smith to describe the self-regulating nature of the marketplace.
Government Planning
It involves strategies and policies implemented by a government to achieve specific economic, social, or environmental goals.
Private Ownership
The holding of property by non-governmental legal entities or individuals, allowing for control over assets and their use within the confines of the law.
Entrepreneurial Ability
Ability to recognize a business opportunity and successfully set up a business firm to take advantage of it.
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