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Adam Smith Argued That in a Market System,when People Act

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Adam Smith argued that in a market system,when people act in their own self-interest,they typically


Definitions:

Behavior Therapy

A type of psychotherapy that focuses on changing unhealthy behaviors through conditioning and other learning principles.

Phobia

An anxiety disorder characterized by an intense and, at least on the surface, irrational fear.

Lithium Carbonate

A chemical compound used primarily in the treatment of bipolar disorder and mood instability by moderating the neurotransmitters in the brain.

Manic Episode

A period of abnormally elevated, expansive, or irritable mood and increased energy or activity lasting at least one week, characteristic of bipolar disorder.

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