Examlex
The quantity of yeast for both a biga and a poolish depends upon the ambient temperature of the room and the length of time it will ripen.
External Costs
Expenses that a business or economic activity imposes on unrelated third parties or the environment, which are not reflected in market prices.
External Benefits
External Benefits are positive effects of a production or consumption activity on third parties who did not directly participate in the economic transaction.
Living in Poverty
The condition of having insufficient resources or income to meet basic life needs.
Invisible Hand
A metaphor introduced by Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interests unintentionally benefit society as a whole.
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