Examlex
When President Andrew Jackson reputedly said, "John Marshall has made his decision, now let him enforce it," what did he mean?
External Benefits
Advantages or positive effects generated by an economic activity that benefit individuals or entities not directly involved in the activity.
Market Forces
The natural forces of supply and demand that govern the functioning of the free market, determining prices and production levels.
Rival
Describes a good or resource that cannot be consumed by more than one person or entity at the same time without diminishing its availability to another.
Nonexclusive
A property of a good or service where one person's use does not diminish availability to others.
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