Examlex
Explain the basis and impact of the hands-off doctrine. Include examples of this doctrine in practice.
Wheat
A cereal grain that is a staple food globally, used for a variety of food products, including bread, pasta, and pastry, due to its versatility and nutritional value.
Surplus
An excess of supply over demand in a market, typically leading to lower prices.
Price Floor
A government or group-imposed price control that sets the minimum allowed price for a particular good or service, intended to ensure fair conditions for producers.
Market Equilibrium
The state in which market supply and demand balance each other, and as a result, prices become stable.
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