Examlex
Imagine you have a twin who has just been diagnosed with major depression.Are your chances of showing symptoms of this disorder affected by whether he or she is an identical or a fraternal twin?
Allocates Resources
the process of distributing available resources among various uses to achieve optimal outcomes or objectives.
Economic Freedom
The degree to which individuals and businesses can make economic decisions without government intervention.
Central Planning
A system where the government or a centralized authority makes all decisions about the production and distribution of goods and services.
Industry Output
The total production of goods and services by all firms in a particular industry over a specific time period.
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