Examlex
The orphan train movement was based on this school of criminology.
Normal Profit
The level of profit that is just sufficient to keep an entrepreneur in business, equaling total revenues minus explicit and implicit costs.
Price System
An economic mechanism wherein prices are determined by the interaction of supply and demand, guiding the allocation of resources and distribution of goods and services.
Scarce Goods
Items that are limited in availability relative to the desires or needs of consumers.
Laissez-Faire Economy
Literally from the French: “allow [them] to do.” An economy in which individual people and firms pursue their own self-interest without any central direction or regulation.
Q1: Which of the following criticisms were made
Q2: Which of the following statements is true?<br>A)
Q3: Which of the following factors is the
Q5: Which of the following are examples of
Q10: Which of the following is not an
Q17: This wave of modern terrorism considers religious
Q18: These standards of behavior are intended to
Q24: According to this concept, one offense leads
Q28: According to Thornberry, which structural variable is
Q30: Elliott argues that theoretical competition is unnecessary