Examlex
Akia rubbed some cortisone cream on the spot where a mosquito had bitten her and the itching stopped. The next time a mosquito bit her, she reached for the cortisone cream. In terms of operant conditioning, this is an example of
Crowdsourcing
Enlisting the collective talent of a number of people to get work done.
Government Intervention
The involvement of the government in the market, aiming to correct market failures, redistribute resources, or to achieve specific economic objectives.
Profits
Net income that remains after all operating expenses, interest, taxes, and dividends have been deducted from total revenue.
Critical Thinking
The ability to objectively analyze and evaluate an issue or situation to form a judgement, by questioning assumptions and identifying biases.
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