Examlex
After infants learn not to crawl off ledges,why is it misleading to say they learned a fear of heights?
Deregulation
The process of removing government restrictions and regulations in an industry to allow for more competition and efficiency.
Regulatory Capture
A theory that describes the situation where a regulatory agency, created to act in the public's interest, eventually acts in favor of the commercial or special interests that dominate the industry it is charged with regulating.
Negative Externalities
Costs suffered by a third party due to an economic transaction that they were not a part of, often leading to market failure.
Human Safety
The condition of being protected from or unlikely to cause danger, risk, or injury to individuals.
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