Examlex
The form of federal assistance called ________ provides money to state governments with no strings attached.
Specialization
A process in which individuals, organizations, or countries focus on producing a limited range of goods or services, aiming to increase efficiency and expertise.
Production
The method of merging different materials and non-material elements (such as designs and expertise) to create products for use.
The Wealth of Nations
"The Wealth of Nations" is a seminal book by Adam Smith, where he examines the nature and causes of the wealth of nations, laying the foundations of classical economics.
Adam Smith
A Scottish economist and philosopher, considered the father of modern economics, best known for his work "The Wealth of Nations."
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