cyclical instability

  • 1Cyclical industrial dynamics — Industrial dynamics is the study of the means and processes through which industries change over time, through their own processes of evolution – as first analyzed by Joseph Schumpeter. It is the complementary study to that of an industry’s… …

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  • 2Lange Model — The Lange Model is an economic model which combines public ownership and a trial and error approach to determine output and equilibrium. The state owns non labor factors of production and consumer goods are allocated by market. In economic theory …

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  • 3dormancy — /dawr meuhn see/, n. the state of being dormant. [1780 90; DORM(ANT) + ANCY] * * * ▪ biology Introduction       state of reduced metabolic activity adopted by many organisms under conditions of environmental stress or, often, as in winter, when… …

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  • 4Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …

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  • 5Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …

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  • 6World-systems approach — World system approach is a post Marxist view of world affairs, one of several historical and current applications of Marxism to international relations. One of the basics of the approach is its view of imperialism, which for many Marxists during… …

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  • 7Criticism of democracy — has always existed in democratic societies, with much of the criticism claiming that democracy is either economically inefficient, politically idealistic or morally corrupt. Contents 1 Economic criticisms 1.1 Irrational voters 1.2 Efficiency of… …

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  • 8business cycle — a recurrent fluctuation in the total business activity of a country. [1920 25] * * * Periodic fluctuation in the rate of economic activity, as measured by levels of employment, prices, and production. Economists have long debated why periods of… …

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  • 9Business and Industry Review — ▪ 1999 Introduction Overview        Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… …

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  • 10Agriculture and Food Supplies — ▪ 2007 Introduction Bird flu reached Europe and Africa, and concerns over BSE continued to disrupt trade in beef. An international vault for seeds was under construction on an Arctic island. Stocks of important food fish species were reported… …

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