unproductive consumption
31Capital, Volume I — is the first of three volumes in Karl Marx s monumental work, Das Kapital, and the only volume to be published during his lifetime. Originally published in 1867, Marx s aim in Capital, Volume I is to uncover and explain the laws specific to the… …
32France — /frans, frahns/; Fr. /frddahonns/, n. 1. Anatole /ann nann tawl /, (Jacques Anatole Thibault), 1844 1924, French novelist and essayist: Nobel prize 1921. 2. a republic in W Europe. 58,470,421; 212,736 sq. mi. (550,985 sq. km). Cap.: Paris. 3.… …
33Energy intensity — is a measure of the energy efficiency of a nation s economy. It is calculated as units of energy per unit of GDP.* High energy intensities indicate a high price or cost of converting energy into GDP. * Low energy intensity indicates a lower price …
34Tendency of the rate of profit to fall — The tendency of the rate of profit to fall (TRPF) is a hypothesis in economics and political economy, most famously expounded by Karl Marx in chapter 13 of Das Kapital Vol. 3. It was generally accepted in the 19th century. Economists as diverse… …
35Africa — /af ri keuh/, n. 1. a continent S of Europe and between the Atlantic and Indian oceans. 551,000,000; ab. 11,700,000 sq. mi. (30,303,000 sq. km). adj. 2. African. * * * I Second largest continent on Earth. It is bounded by the Mediterranean Sea,… …
36François Quesnay — Physiocrats François Quesnay, after a portrait by Jean Martial Frédou Born June 4, 1694(1694 06 04 …
37Economic history of Mexico — Contents 1 Pre Spanish age 2 Spanish age 3 Independence 4 Economic Woes and The Great Depression …
38capitalism — /kap i tl iz euhm/, n. an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, esp. as contrasted to… …
39Pakistan — /pak euh stan , pah keuh stahn /, n. 1. Islamic Republic of, a republic in S Asia, between India and Afghanistan: formerly part of British India; known as West Pakistan from 1947 71 to distinguish it from East Pakistan (now Bangladesh).… …
40United 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… …
