Examlex
The "invisible hand" in Adam Smith's theory turns self-directed gain into social and economic benefits for all.
Farming
Farming is the practice of cultivating crops and raising livestock for food, fiber, and other products essential to human survival and economic activities.
Aggregate Demand
The complete need for products and services in a specific market area.
Aggregate-Demand Curve
An illustrative chart that demonstrates how the general price level within the economy correlates with the total demand for goods and services at that level.
Short Run
A time period in economics during which at least one input is fixed, typically considered to be within a few months to a year.
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