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Figure 1.2
Using the figure above, identify the labeled part.
-Label FF: ______________________________
The Heritage Foundation
An American conservative think tank based in Washington, D.C., focusing on public policy research and advocacy in areas such as economics, foreign policy, and social issues.
Regulatory Efficiency
The extent to which regulatory policies and procedures achieve desired outcomes without unnecessary imposition of costs or complexity on businesses or individuals.
Rule Of Law
Rule of governing whereby all individuals are accountable to well-defined and established laws that are fairly enforced.
Expropriation
The act of a government taking privately owned property, typically for public use or benefit, sometimes with compensation.
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