Examlex
Four New York City police officers were convicted of manslaughter for the shooting of an unarmed man named Amadou Diallo in 1999.
General Welfare
General welfare refers to the overall health, prosperity, and happiness of a population.
Invisible Hand Principle
Adam Smith's concept that individuals' self-interested actions can lead to positive social and economic outcomes, guided as if by an invisible hand.
Economic Welfare
The overall well-being and standard of living of people in an economy, typically measured by indicators like wealth, health, and happiness, alongside economic factors.
Competitive Market
A market structure characterized by a large number of buyers and sellers, free entry and exit, and products that are similar but differentiated.
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