Examlex
A criticism of Jensen's alpha is that:
Marxist Economy
An economic system based on the socio-economic theories of Karl Marx, focusing on the role of labor in the development of an economy and the concept of class struggle.
Planned Economy
An economic system where the government controls and regulates production, distribution, and prices.
Laissez-Faire Economy
an economic system with minimal government intervention, where transactions are dictated by private parties.
Central Direction
The control of economic or organizational activity by a central authority or government.
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