Examlex
The basic premise of reinforcement is that behavior that is rewarded is likely to be repeated and behavior that is punished is less likely to recur.
Appointed
Selected or designated for a position or duty, typically by an authority, rather than through election.
Federally Chartered Banks
Banks that are authorized to operate by the federal government rather than by state governments, often subject to different regulations and oversight.
Federal Reserve System
The central banking system of the United States, responsible for monetary policy, regulation of financial institutions, and maintaining financial stability.
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This term seems vague without context and might not be a defined economic or general key term without additional information; thus, clarification is needed.
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