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What was James's stand on the free-will determinism issue?
Market Economies
Market economies are economic systems in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's citizens and businesses with minimal government intervention.
Adjustment
The process of modifying something to achieve a desired outcome, often used in the context of economic policies, mechanisms, or personal changes.
Equilibrium Price
The price at which the quantity of a product offered is equal to the quantity of the product in demand.
Government
The organization, or system of governance, that exercises authority and performs the functions of governing a political state or community.
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