Examlex
Over time, the lineage that led to modern whales shows a change from four-limbed land animals to aquatic animals with two limbs that function as flippers. This change is best explained by
Securities And Exchange Commission
A federal agency responsible for regulating the securities industry, enforcing federal securities laws, and protecting investors in the United States.
Socialize Losses
The process where financial losses are distributed broadly across society or a large group, rather than being borne solely by the entity responsible for incurring them.
Imprudent Investment
Financial allocations or commitments made without proper judgment or care, often leading to significant losses or suboptimal financial performance.
Public Choice Theory
An economic theory that studies how public sector decisions are made, considering individuals in the public sector as self-interested agents and applying the tools of economics to political science.
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