Examlex
There are three kinds of spatial summation and
Laissez-faire
An economic principle advocating minimal governmental interference in the operation of markets and businesses.
Government Intervention
Actions taken by the government to influence economic or social outcomes, such as regulations, subsidies, taxes, or direct control of markets.
Competition
The effort and striving between two or more independent rivals to secure the business of one or more third parties by offering the best possible terms.
Economic Power
The ability of individuals, companies, or countries to control or influence the market, including prices, distribution, and availability of goods.
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