Examlex
Changes in the 1970s weakened the nearly tyrannical powers of American committee chairpersons by __________.
Mikhail Gorbachev
The last leader of the Soviet Union, known for his policies of glasnost (openness) and perestroika (restructuring).
Private Ownership
The legal right of individuals or entities to own property, assets, or businesses without governmental intervention.
Means Of Production
The physical, non-human inputs used for the production of economic value, such as factories, machines, and tools.
Circular Flow Model
Goods and services flow from business firms to households in exchange for consumer expenditures, while resources flow from households to business firms in exchange for resource payments.
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