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economic process vs adverse selection

adverse selection vs economic process

economic process and adverse selection both are nouns.

Word NounAdjectiveVerbAdverb
economic process Yes No No No
adverse selection Yes No No No
As nouns, adverse selection is a hyponym of economic process; that is, adverse selection is a word with a more specific, narrower meaning than economic process:
  • economic process: any process affecting the production and development and management of material wealth
  • adverse selection: A situation where sellers have information that buyers don't (or vice versa) about some aspect of product quality.
economic process (noun) adverse selection (noun)
any process affecting the production and development and management of material wealth A situation where sellers have information that buyers don't (or vice versa) about some aspect of product quality.
Difference between economic process and adverse selection

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