Examlex
Mass communicators may be forced to defend libel cases in courtrooms thousands of miles from where they live and work,according to the Supreme Court's decision in:
Market Economy
An economic system where economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's citizens and businesses with minimal government intervention.
Command System
A method of organizing an economy in which property resources are publicly owned and government uses central economic planning to direct and coordinate economic activities; socialism; communism. Compare with market system.
Laissez-faire Capitalism
An economic system where government intervention in business and markets is minimal, and the forces of supply and demand are allowed to regulate the economy.
Central Planning
A system where economic decisions, such as the allocation of resources, are made by the government or a centralized authority.
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