market-driven economy
61Prediction market — Prediction markets (also known as predictive markets, information markets, decision markets, idea futures, event derivatives, or virtual markets) are speculative markets created for the purpose of making predictions. The current market prices can …
62Free-market environmentalism — is a position that argues that the free market, property rights, and tort law provide the best tools to preserve the health and sustainability of the environment. This is in contrast to the most common modern approach of proactive environmental… …
63The Market for Lemons — The Market for Lemons: Quality Uncertainty and the Market Mechanism is a 1970 paper by the economist George Akerlof. It discusses information asymmetry, which occurs when the seller knows more about a product than the buyer. A lemon is an… …
64Knowledge economy — The knowledge economy is a term that refers either to an economy of knowledge focused on the production and management of knowledge in the frame of economic constraints, or to a knowledge based economy. In the second meaning, more frequently used …
65Goldilocks economy — (GOHL.dee.lawks i.KAWN.uh.mee) n. An economy that is not so overheated that it causes inflation, and not so cool that it causes a recession. Example Citation: America s not too hot, not too cold Goldilocks economy is getting too hot. The result… …
66the retail market — Ⅰ. the retail market/sector/trade ► the business activity of selling goods through stores to the public, or the companies involved in this: »The company is now the UK s eighth largest motor insurer in the retail market. Main Entry: ↑retail Ⅱ. the …
67the retail market/sector/trade — Ⅰ. the retail market/sector/trade ► the business activity of selling goods through stores to the public, or the companies involved in this: »The company is now the UK s eighth largest motor insurer in the retail market. Main Entry: ↑retail Ⅱ. the …
68Business 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… …
69Yemen — /yem euhn, yay meuhn/, n. 1. Republic of, a country in S Arabia, formed in 1990 by the merger of the Yemen Arab Republic and the People s Democratic Republic of Yemen. 13,972,477; 207,000 sq. mi. (536,130 sq. km). Cap.: (political) San a. Cap.:… …
70Economic 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… …
