be in surplus supply

  • 111mining — /muy ning/, n. 1. the act, process, or industry of extracting ores, coal, etc., from mines. 2. the laying of explosive mines. [1250 1300; ME: undermining (walls in an attack); see MINE2, ING1] * * * I Excavation of materials from the Earth s… …

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  • 112North America — North American. the northern continent of the Western Hemisphere, extending from Central America to the Arctic Ocean. Highest point, Mt. McKinley, 20,300 ft. (6187 m); lowest, Death Valley, 276 ft. (84 m) below sea level. 400,000,000 including… …

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  • 113canals and inland waterways — ▪ waterway Introduction       natural or artificial waterways used for navigation, crop irrigation, water supply, or drainage.       Despite modern technological advances in air and ground transportation, inland waterways continue to fill a vital …

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  • 114Unequal exchange — is a much disputed concept, used preferably in Marxian economics but also in ecological economics to denote forms of exploitation hidden in, or underwriting trade. Originating, in the wake of the debate on the Singer Prebisch thesis, as an… …

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  • 115ancient Greek civilization — ▪ historical region, Eurasia Introduction       the period following Mycenaean civilization, which ended in about 1200 BC, to the death of Alexander the Great, in 323 BC. It was a period of political, philosophical, artistic, and scientific… …

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  • 116Free trade — Not to be confused with Free market. World trade A series on Trade …

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  • 117Economic development — is the development of economic wealth of countries or regions for the well being of their inhabitants. From a policy perspective, economic development can be defined as efforts that seek to improve the economic well being and quality of life for… …

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  • 118Labour power — (in German: Arbeitskraft , or labour force) is a crucial concept used by Karl Marx in his critique of capitalist political economy. He regarded labour power as the most important of the productive forces. Under capitalism, according to Marx, the… …

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  • 119Economic relations of Japan — In its economic relations, Japan is both a major trading nation and one of the largest international investors in the world. In many respects, international trade is the lifeblood of Japan s economy. Imports and exports totaling the equivalent of …

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  • 120United States federal budget — The Budget of the United States Government is a federal document that the President submits to the U.S. Congress. The President s budget submission outlines funding recommendations for the next fiscal year, which begins on October 1st.… …

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