Examlex
Unlike heroin and alcohol, chronic smoking is not considered a true addiction.
Chicago Board
Typically signifies the Chicago Board of Trade (CBOT) or Chicago Board Options Exchange (CBOE), prominent platforms for trading commodities and options respectively.
Economic System
Represents the method employed by societies to allocate resources, produce goods and services, and distribute them amongst its members.
Allocated Efficiently
refers to the optimal distribution of resources so that it maximizes the net benefit received from their use.
Soviet Union
A former federal socialist state in Northern Eurasia that existed from 1922 to 1991, composed of multiple Soviet republics.
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