responsive to cyclical fluctuations
1productivity — pro·duc·tiv·i·ty (prō dŭk tĭvʹĭ tē, prŏd ək ) n. 1. The quality of being productive. 2. Economics. The rate at which goods or services are produced especially output per unit of labor. 3. Ecology. The rate at which radiant energy is used by… …
2Earth Sciences — ▪ 2009 Introduction Geology and Geochemistry The theme of the 33rd International Geological Congress, which was held in Norway in August 2008, was “Earth System Science: Foundation for Sustainable Development.” It was attended by nearly… …
3Trade and development — Trade is a key factor in economic development. A successful use of trade can boost a country s development. On the other hand, opening up markets to international trade may leave local producers swamped by more competitive foreign… …
