Examlex
Circuit-switched networks are advantageous because they offer an inexhaustible supply of bandwidth for telecommunications.
Egalitarian Principle
A philosophical doctrine emphasizing equality in rights and opportunities among people.
Market-based Approach
An economic strategy that relies on market forces such as supply and demand to address issues and allocate resources.
Socialized Approach
A method or practice where resources are owned, managed, and provided by the community as a whole or by a government, often emphasizing universal access to goods and services.
Single-payer Approach
A healthcare system where a single public or quasi-public agency organizes health care financing, but delivery of care remains largely private.
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