Examlex
A discrepancy between one's immediate personal interests and the long term interests of the larger group is known as a
Excludable
A characteristic of a good or service that allows owners to prevent its use by people who have not paid for it.
Private Markets
Markets in which transactions are conducted directly between parties, often involving assets not publicly traded, such as private equity and real estate.
Lighthouses
Towers equipped with navigational lights and other signaling equipment designed to guide ships and warn them of hazards at sea or along coastlines.
Ship Captains
Professionals responsible for navigating ships and supervising their crew to ensure the safe transportation of cargo or passengers.
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