One Important Property of Language Is Displacement, Meaning That Speakers

question 65

True/False

One important property of language is displacement, meaning that speakers can generate an infinite number of new and different phrases and sentences.

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Definitions:

Economics

The social science that studies how individuals, businesses, governments, and nations make choices on allocating resources to satisfy their wants and needs, trying to maximize their wealth or utility.

Invisible Hand Principle

A concept introduced by Adam Smith, suggesting that individuals' self-interested actions may lead to positive societal outcomes, effectively guided by an "invisible hand."

Competitive Markets

Markets with numerous buyers and sellers, enabling free competition and efficient price setting.

Resources

are materials, money, staff, and other assets that can be drawn on by a person or organization to function effectively.