Examlex
In 1937,President Franklin Roosevelt's call to expand the Supreme Court came from
Market Failure
A scenario where the distribution of goods and services by an unregulated market fails to be effective, frequently causing a decrease in overall social welfare.
Communist Countries
Nations where the government controls most forms of economic activity and property is commonly owned.
Scarce Resources
Scarce resources are resources that are limited in availability and cannot satisfy all the wants and needs of an economy or population.
Allocate
To distribute resources or duties for a specific purpose according to a plan.
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