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Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
A uniform is a variety of costume worn by members of an organization while usually participating in that organization's activity. Modern uniforms are most often worn by armed forces and paramilitary organizations such as police , emergency services , security guards , in some workplaces and schools , and by inmates in prisons .
Economists commonly use the term recession to mean either a period of two successive calendar quarters each having negative growth [clarification needed] of real gross domestic product [1] [2] [3] —that is, of the total amount of goods and services produced within a country—or that provided by the National Bureau of Economic Research (NBER): "...a significant decline in economic activity ...
[3] [4] Uniform regulations already allowed that where Service Dress Blue Bravo is the standard uniform of the day in office environments, the coat could be removed during the work day. Both the short and long-sleeved light blue shirts are the same style and color as used by the U.S. Air Force.
James Stuart (1767) authored the first book in English with 'political economy' in its title, explaining it just as: . Economy in general [is] the art of providing for all the wants of a family, so the science of political economy seeks to secure a certain fund of subsistence for all the inhabitants, to obviate every circumstance which may render it precarious; to provide everything necessary ...
The job search engine Monster.com offers this definition, "In general, business casual means dressing professionally, looking relaxed, yet neat and pulled together." A more pragmatic definition is that business casual dress is the mid ground between formal business clothes and street clothes.
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
Western dress codes are a set of dress codes detailing what clothes are worn for what occasion that originated in Western Europe and the United States in the 19th century. . Conversely, since most cultures have intuitively applied some level equivalent to the more formal Western dress code traditions, these dress codes are simply a versatile framework, open to amalgamation of international and ...