Please Define the Following Key Terms

question 11

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-Did Roman expansion following the Punic Wars produce essentially beneficial results? Does it provide examples of the inhumanity that a conqueror may exhibit? Explain.

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Definitions:

Regulations

Rules and standards created and enforced by government agencies to control or govern conduct within various sectors, industries, and activities.

External Cost

Costs that result from economic activities and are not reflected in market prices, often borne by a third party or society at large.

Mixed Economies

Economic systems that combine elements of both capitalism and socialism, featuring a blend of government intervention and private enterprise.

Marx

Karl Marx, a 19th-century philosopher and economist known for his ideas about capitalism and communism.