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  2. Economic expansion - Wikipedia

    en.wikipedia.org/wiki/Economic_expansion

    Economic expansion and contraction refer to the overall output of all goods and services, while the terms "inflation" and "deflation" refer to rising and falling prices of commodities, goods and services in relation to the value of money. [4] From a microeconomic standpoint, expansion usually means enlarging the scale of a single company or ...

  3. Economies of scale - Wikipedia

    en.wikipedia.org/wiki/Economies_of_scale

    If the inputs are indivisible and complementary, a small scale may be subject to idle times or to the underutilization of the productive capacity of some sub-processes. A higher production scale can make the different production capacities compatible. The reduction in machinery idle times is crucial in the case of a high cost of machinery. [10]

  4. Mass production - Wikipedia

    en.wikipedia.org/wiki/Mass_production

    Mass production, also known as flow production, series production, series manufacture, or continuous production, is the production of substantial amounts of standardized products in a constant flow, including and especially on assembly lines. Together with job production and batch production, it is one of the three main production methods. [1]

  5. Macroeconomics - Wikipedia

    en.wikipedia.org/wiki/Macroeconomics

    Changes in the inflation level may be the result of several factors. Too much aggregate demand in the economy will cause an overheating, raising inflation rates via the Phillips curve because of a tight labor market leading to large wage increases which will be transmitted to increases in the price of the products of employers. Too little ...

  6. Long run and short run - Wikipedia

    en.wikipedia.org/wiki/Long_run_and_short_run

    John Maynard Keynes in 1936 emphasized fundamental factors of a market economy that might result in prolonged periods away from full-employment. [ 20 ] [ 21 ] In later macroeconomic usage, the long-run is the period in which the price level for the overall economy is completely flexible as to shifts in aggregate demand and aggregate supply .

  7. Returns to scale - Wikipedia

    en.wikipedia.org/wiki/Returns_to_scale

    In the long run, all factors of production are variable and subject to change in response to a given increase in production scale. In other words, returns to scale analysis is a long-term theory because a company can only change the scale of production in the long run by changing factors of production, such as building new facilities, investing ...

  8. Fed entering tough period for measuring money market liquidity

    www.aol.com/fed-entering-tough-period-measuring...

    The U.S. government debt ceiling is again an issue and until that's resolved and borrowing can rise, the current cap will affect Treasury bond issuance in a way that will obscure already difficult ...

  9. Post-Fordism - Wikipedia

    en.wikipedia.org/wiki/Post-Fordism

    One of the primary examples of specialized post-Fordist production took place in a region known as the Third Italy. The First Italy included the areas of large-scale mass production, such as Turin, Milan, and Genoa, and the Second Italy described the undeveloped South. The Third Italy, however, was where clusters of small firms and workshops ...