Examlex
Which military alliance did the Soviet Union create to counter the alliance formed by the United States?
Equilibrium Price
The market price at which the supply of an item matches its demand, leading to a stable market where there is no surplus or shortage.
Adam Smith
An 18th-century Scottish economist and philosopher, often considered the father of modern economics, best known for his work "The Wealth of Nations" which promotes the idea of free markets and the invisible hand guiding economic activity.
Public Interest
The welfare or well-being of the general public; often used to justify government actions or policies intended to protect or benefit the population as a whole.
Selfish Interests
Actions or motives focused primarily on one's own advantage, benefit or well-being, often at the expense of others.
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