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"When the Market System Fails, the Government Must Intervene for the Sake

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"When the market system fails, the government must intervene for the sake of the society" is the statement of a


Definitions:

Equalizing-beam

A suspension component designed to evenly distribute load and shock across multiple axles for smoother vehicle operation.

Torque Rods

Longitudinal rods in truck and bus suspension systems that help manage the alignment of the axle, prevent excessive movement, and assist in absorbing road shock.

Centerbolts

Fasteners used to secure leaf springs in a suspension system, aligning the springs with the axle.

Fiber-composite Leaf Springs

Vehicle suspension elements made from fiber-reinforced composite materials, offering durability and weight savings over metal springs.

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