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Which of the following statements regarding extinction is false?
Government Intervention
Actions taken by a government to influence or regulate economic activities, often to correct market failures or achieve social goals.
Market Economy
An economic system where supply and demand from consumers determine the production of goods and services rather than government intervention.
Economy's Performance
An evaluation of how well an economy is doing, commonly measured by indicators such as GDP growth, unemployment rates, and inflation.
Scarcity
The basic economic issue arises from the infinite human desires facing a scarcity of resources in the world.
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