general economic situation
11Economic model — A diagram of the IS/LM model In economics, a model is a theoretical construct that represents economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified… …
12Economic inequality — refers to disparities in the distribution of economic assets and income. The term typically refers to inequality among individuals and groups within a society, but can also refer to inequality among nations. Economic Inequality generally refers… …
13economic — ec‧o‧nom‧ic [ˌekəˈnɒmɪk◂, ˌiː ǁ ˈnɑː ] adjective [only before a noun] 1. ECONOMICS COMMERCE relating to or involving economics, money, finance, industry, trade etc: • The economic climate (= general state of the economy ) is not …
14Economic shortage — is a term describing a disparity between the amount demanded for a product or service and the amount supplied in a market. Specifically, a shortage occurs when there is excess demand; therefore, it is the opposite of a surplus. Economic shortages …
15General Schedule — (or GS) is the name used to describe a payscale utilized by the majority of white collar personnel in the civil service of the federal government of the United States. The GS was enacted into law by the Classification Act of 1949, which replaced… …
16new economic policy — method of managing economic affairs that was introduced in the Soviet Union in the 1920s, policy allowing a small degree of private enterprise while the state remained in control of the general economic situation …
17economic stabilizer — Any of the institutions and practices in an economy that serve to reduce fluctuations in the business cycle through offsetting effects on the amounts of income available for spending (disposable income). The progressive income tax, unemployment… …
18Economic history of Portugal — This article covers the economic history of Portugal.Portugal was once one of the largest and most powerful political and economic powers in the world. Since the 16th century to the end of the Estado Novo regime in 1974, Portugal s dominions were …
19Economic history of Chile — Colonial era to 1690In colonial times, the segmentation of Chile into latifundios left only small parcels for native American and mestizo villagers to cultivate. Cattle raised on the latifundios were a source of tallow and hides, which were sent …
20Economic history of Cambodia — Pre colonial economyColonial economySoon after establishing their protectorate in 1863, the French realized that Cambodia s hidden wealth was an illusion and that Phnom Penh would never become the Singapore of Indochina. Aside from collecting… …
