non-productive expenditures

  • 1Value product — The value product (VP) is an economic concept formulated by Karl Marx in his critique of political economy during the 1860s, and used in Marxian social accounting theory for capitalist economies. Its annual monetary value is approximately equal… …

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  • 2Material Product System — (MPS) refers to the system of national accounts used in the former Soviet Union and the Eastern Bloc countries, as well as in China until 1993 Dr. Fengbo Zhang introduced the Western SNA system and GDP to China, . The MPS has now been replaced by …

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  • 3Economy of India — The economy of India, measured in USD exchange rate terms, is the twelfth largest in the world, with a GDP of around $1 trillion (2008). [http://timesofindia.indiatimes.com/Business/Economy loses trillion dollar status/articleshow/3186378.cms The …

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  • 4Town meeting — A town meeting is a form of direct democratic rule, used primarily in portions of the United States since the 17th century, in which most or all the members of a community come together to legislate policy and budgets for local government. The… …

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  • 5Democracy and the Common Wealth — Democracy and the Common Wealth: Breaking the Stranglehold of the Special Interests   Author(s) Michael E. Arth …

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  • 6Microcredit — This article is specific to small loans. For financial services to the poor, see Microfinance. For small payments, see Micropayment. Microcredit is the extension of very small loans (microloans) to those in poverty designed to spur… …

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  • 7Warren Buffett — Buffett speaking to students from the University of Kansas School of Business, May 6, 2005 …

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  • 8Claude Beauchamp — is a journalist, publisher, and political activist in the Canadian province of Quebec. Contents 1 Journalist and publisher 2 Political activist 3 Montreal municipal politics …

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  • 9United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …

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  • 10china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material …

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