Examlex
Elaborate on why the "welfare reform" of 1996 has been so important for the evolution of conservative and liberal views of family policy.
Pure Free-market System
An economic system where transactions are made without government intervention, based solely on the forces of supply and demand.
Mixed Economic System
An economic system that blends aspects of both capitalism and socialism, incorporating both private and government involvement in economic activities.
Traditional System
A social or economic system based on long-standing customs, practices, and traditions, often within specific communities or cultures.
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