Examlex
As you wait in line at the airport, the guy behind you is standing so close that his briefcase is pushing against your leg. The sensation of the briefcase touching and pushing against you is being processed in your _____ lobe.
Conglomerates
Large corporations that operate in several industries at the same time.
Laissez-Faire Economy
An economic system in which transactions between private parties are free from government intervention such as regulation, privileges, tariffs, and subsidies.
Purely Capitalist Economy
An economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined mainly by competition in a free market.
Features of Capitalism
include private property ownership, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets, driving economic growth and innovation.
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