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The principle behind Obama administration's actions was referred to as trickle-up economics, [14] but the term bottom-up economics was also used for it. [15] On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act (ARRA), a $787 billion economic stimulus package aimed at helping the economy recover from the deepening worldwide recession. [16]
The concept of diseconomies of scale is the opposite of economies of scale. It occurs when economies of scale become dysfunctional for a firm. [ 1 ] In business, diseconomies of scale [ 2 ] are the features that lead to an increase in average costs as a business grows beyond a certain size.
A business plan is a formal written document containing the goals of a business, the methods for attaining those goals, ...
Also at work, said Rob Lalka, a business professor at Tulane University, is a long-running strategy among big tech leaders to reshape American capitalism in their favor by gaining influence in ...
Trickle-down economics is a pejorative term for government economic policies deemed by opponents to disproportionately favor the upper tier of the economic spectrum (wealthy individuals and large corporations).
The term "inverse consequences" has been in use for over 175 years (since at least 1835). [1] The term was also used by Auguste Comte (1798–1857) in his book System of Positive Polity (published 1875), stating, "Inevitable increase in Complication, in proportion with the decrease of Generality, gives rise to two inverse consequences."
Unconscionability (sometimes known as unconscionable dealing/conduct in Australia) is a doctrine in contract law that describes terms that are so extremely unjust, or overwhelmingly one-sided in favor of the party who has the superior bargaining power, that they are contrary to good conscience.
The Best Favor Might Be the One Not Asked Before you make that call, keep in mind that whether you pay or not, having a friend do work for you can go wrong in a lot of different ways.