Examlex
The importance of integrated systems in the functioning of the brain suggests why the results of psychosurgery are often erratic.
Coordination Problem
Challenges that arise when parties involved in economic activity must align their plans and actions to effectively achieve their objectives.
Central Planning
An economic system where the government makes all decisions about the production and distribution of goods and services, often found in socialist economies.
Chain Reaction
A sequence of reactions where a reactive product or by-product causes additional reactions to take place, often leading to a self-sustaining series.
Innovation Lagged
The delay or slow pace in the development and adoption of new technologies, products, or processes.
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