misallocation of resources

  • 1Austrian School — Part of a series on Libertarianism Austrian School …

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  • 2Industrial history of the People's Republic of China — Main articles: Economy and economic history of the People s Republic of China. China s industrial sector has shown great progress since 1949, but in the late 1980s it remained undeveloped in many respects. Although the country manufactured… …

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  • 3Subsidies in India — This article provides information on government subsidies in India.IntroductionA subsidy, often viewed as the converse of a tax, is a potent welfare augmenting instrument of fiscal policy. Derived from the Latin word ‘subsidium’, a subsidy… …

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  • 4economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …

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  • 5Criticism of government response to Hurricane Katrina — Hurricane Katrina 2005 Atlantic hu …

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  • 6Croatia — /kroh ay sheuh, shee euh/, n. a republic in SE Europe: includes the historical regions of Dalmatia, Istria, and Slavonia; formerly a part of Yugoslavia. 5,026,995, 21,835 sq. mi. (56,555 sq. km) Cap.: Zagreb. Serbo Croatian, Hrvatska. * * *… …

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  • 7Economic bubble — An economic bubble (sometimes referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania or a balloon) is trade in high volumes at prices that are considerably at variance with intrinsic values… …

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  • 8Mycobacterium bovis — Attenuated strain of M. bovis used in the Bacillus Calmette Guérin vaccine Scientific classification Kingdom …

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  • 9It's Time — was a successful political campaign run by the Australian Labor Party (ALP) under Gough Whitlam at the 1972 election in Australia. Campaigning on the perceived need for change after 23 years of conservative (Liberal Party of Australia) government …

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  • 10Monopsony — In economics, a monopsony (from Ancient Greek μόνος (monos) single + ὀψωνία (opsōnia) purchase ) is a market form in which only one buyer faces many sellers. It is an example of imperfect competition, similar to a monopoly, in which only one… …

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