Examlex
Researchers claim that a five-second touch can convey specific emotions such as sympathy and sadness.
Central Planning
An economic system where production, investment, prices, and incomes are determined centrally by a government.
Coordination Problem
A situation in economics where parties struggle to choose their actions optimally due to a lack of information about the other parties' plans or decisions.
Invisible Hand
A term coined by economist Adam Smith to describe the unintended social benefits resulting from individual actions when they pursue their own interests in a free market.
Childcare Center
A facility that provides care and education for young children, often including activities designed to promote their physical, social, and cognitive development.
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