Examlex
Another term for "false labor," where after the fourth month of pregnancy the uterus occasionally contracts in order to ready itself for eventual delivery,is called a(n)
Price Mechanism
The process through which prices rise and fall as a result of changes in supply and demand, determining the allocation of resources in a market economy.
Wage and Price Controls
Government-imposed restrictions on the levels at which wages and prices can be set, usually to control inflation.
Inflation
A general increase in prices and decrease in the purchasing value of money.
Pure Capitalist Economy
An economic system characterized by private ownership of resources and the use of market mechanisms to allocate goods and services with minimal government intervention.
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