Examlex
Advertisers trying to reach a wide audience often need to buy time on several radio stations,which has been made easier by the "one-order,one-bill" system.
Competitive System
An economic system where multiple businesses or entities vie for the same market share, promoting innovation and consumer choice.
Private Sector
The part of the economy that is not controlled by the government and is run by individuals and companies for profit.
Government Failure
Misallocation of resources in the public sector.
U.S. Income Tax
A tax levied by the federal government of the United States on the annual income of individuals, corporations, trusts, and other legal entities.
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