Examlex
How was Marx's socialism different from socialism in general?
Socialized Power
A form of power wielded with the intention of promoting the common good rather than personal gain, often seen in leadership that prioritizes group goals.
Perceived Probability
An individual's subjective judgment regarding the likelihood of a particular event happening, which may not always align with the actual statistical probability.
Effort
The amount of physical or mental energy expended to achieve a task or goal.
Foundation of Competition
The underlying principles and conditions that drive rivalry among firms in an industry to achieve superiority.
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