the downward spiral of the economy

  • 1spiral — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ vicious ▪ downward, upward ▪ deflationary, inflationary ▪ wage price ▪ …

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  • 2Economy of SFR Yugoslavia — Despite common origins, the economy of the Socialist Federal Republic of Yugoslavia (SFRY) was much different from economies of the Soviet Union and other Eastern European socialist countries, especially after the Yugoslav Soviet break up of 1948 …

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  • 3downward — [[t]da͟ʊnwə(r)d[/t]] 1) ADJ: ADJ n A downward movement or look is directed towards a lower place or a lower level. → See also downwards ...a firm downward movement of the hands. Ant: upward 2) ADJ: ADJ n If you refer to a downward trend, you mean …

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  • 4Economy of Serbia and Montenegro — Serbia and Montenegro was a confederated union which existed between 2003 and 2006. The two republics initially formed the Federal Republic of Yugoslavia in 1992. The economy of Serbia and Montenegro entered a prolonged decline in 1989.… …

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  • 5spiral — 1. adjective a spiral column of smoke Syn: coiled, helical, corkscrew, curling, winding, twisting, whorled; technical voluted, helicoid, helicoidal 2. noun a spiral of smoke Syn: coil, helix, corkscrew, curl …

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  • 6The 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… …

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  • 7Permanent war economy — The concept of permanent war economy originated in 1944 with an article by Ed Sard (alias Frank Demby, Walter S. Oakes and T.N. Vance; he was a Trotskyist from the 1930s) who predicted a post war arms race. He argued at the time that the USA… …

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  • 8Great Depression in the United States — The Great Depression in the United States began on Black Tuesday with the Wall Street crash of October, 1929 and rapidly spread worldwide. The market crash marked the beginning of a decade of high unemployment, poverty, low profits, deflation and …

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  • 9History of the Solomon Islands — The human history of the Solomon Islands begins with the first settlement at least 30,000 years ago from New Guinea. They represented the furthest expansion of humans into the Pacific until the expansion of Austronesian language speakers through… …

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  • 10Crisis of the Late Middle Ages — The Crisis of the Late Middle Ages refers to a series of events in the fourteenth and fifteenth centuries that brought centuries of European prosperity and growth to a halt.[1] Three major crises would lead to radical changes in all areas of… …

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