Examlex
__________ measure brain activity over a longer time period, about 40 seconds, while __________ measure brain activity over a shorter time period of just a few seconds.
Conglomerates
Large corporations that operate in several industries at the same time.
Laissez-Faire Economy
An economic system in which transactions between private parties are free from government intervention such as regulation, privileges, tariffs, and subsidies.
Purely Capitalist Economy
An economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined mainly by competition in a free market.
Features of Capitalism
include private property ownership, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets, driving economic growth and innovation.
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