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Volcanic rock forms when magma solidifies within the Earth's crust.
Households
Individuals or groups of people living together as a single economic unit, making decisions about consumption and labor supply.
Invisible Hand
A concept introduced by Adam Smith to describe how individuals' pursuit of their own self-interest unintentionally benefits society as a whole.
Government Actions
Measures, policies, or interventions put in place by government entities to influence economic activity, societal welfare, or achieve specific policy objectives.
Economic Activity
Actions that involve the production, distribution, and consumption of goods and services in an economy.
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