The dermis is a layer of the skin of the integumentary system. The dermis lies deep to the superficial epidermis which is also the most superficial layer of the skin. The dermis lies superficial to the underlying hypodermis which is also referred to as subcutaneous tissue.
Among the components of the dermis are: sweat glands, hair follicles, collagen fibers, sensory- nerve endings and arrestor pill muscles.
Woodrow Wilson was referring to the liberal idea of the economic market when he said that the free enterprise system is the (much) efficient economic system.