Examlex
Zack is having a conversation with his friend Ben in a crowded room. Despite the presence of many voices around him, Zack focuses on what Ben is saying. This is an example of ________ attention.
Pollution
The contamination of the natural environment by harmful substances, leading to adverse health effects and environmental damage.
Market Failure
A situation where the allocation of goods and services by a free market is not efficient, often leading to a net societal welfare loss.
Capitalism
An economic system where trade, industries, and the means of production are largely or entirely privately owned and operated for profit.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they are accessible to all members of society and one person's use does not reduce availability to others.
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