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Which of the following is true of the Seven Years' War?
Regulated Industries
Industries that are subject to governmental oversight and control to ensure fairness, safety, and adherence to certain standards or regulations.
Social Regulation
Refers to government-imposed restrictions that aim to protect public health, safety, and well-being, as well as to ensure fair competition and consumer protection.
No Free Lunch
An expression indicating that everything has a cost, and nothing is truly given away without an expectation of something in return.
Less Government
A philosophy or approach that advocates for minimal governmental intervention in economic affairs.
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