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  2. Austerity - Wikipedia

    en.wikipedia.org/wiki/Austerity

    Merriam-Webster's Dictionary named the word austerity as its "Word of the year" for 2010 because of the number of web searches this word generated that year. According to the president and publisher of the dictionary, " austerity had more than 250,000 searches on the dictionary's free online [website] tool" and the spike in searches "came with ...

  3. Unnecessary health care - Wikipedia

    en.wikipedia.org/wiki/Unnecessary_health_care

    Unnecessary health care (overutilization, overuse, or overtreatment) is health care provided with a higher volume or cost than is appropriate. [1] In the United States, where health care costs are the highest as a percentage of GDP, overuse was the predominant factor in its expense, accounting for about a third of its health care spending ($750 billion out of $2.6 trillion) in 2012.

  4. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    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 ...

  5. Austerity urbanism - Wikipedia

    en.wikipedia.org/wiki/Austerity_urbanism

    The following lines present the main definitions and interpretations of the concept. First, austerity urbanism is based upon two main notions: austerity and urbanism . Generally speaking, austerity is “a situation in which people’s living standards are reduced because of economic difficulties”. [ 3 ]

  6. Elliott S. Fisher - Wikipedia

    en.wikipedia.org/wiki/Elliott_S._Fisher

    In the mid-2000s, as consensus emerged that health costs were rising at an unsustainable rate and that fragmented, poorly coordinated care was a major problem, Fisher proposed a new payment and delivery model to encourage groups of physicians, with or without hospitals, to focus on improving quality and avoiding unnecessary expenditures.

  7. Economy of force - Wikipedia

    en.wikipedia.org/wiki/Economy_of_force

    Economy of force is one of the nine Principles of War, based upon Carl von Clausewitz's approach to warfare. It is the principle of employing all available combat power in the most effective way possible, in an attempt to allocate a minimum of essential combat power to any secondary efforts.

  8. Subsidy - Wikipedia

    en.wikipedia.org/wiki/Subsidy

    A subsidy, subvention or government incentive is a type of government expenditure for individuals and households, as well as businesses with the aim of stabilizing the economy. It ensures that individuals and households are viable by having access to essential goods and services while giving businesses the opportunity to stay afloat and/or ...

  9. Expense - Wikipedia

    en.wikipedia.org/wiki/Expense

    Expenditures (financial) Financing expense – interest expense for loans and bonds Whether a particular expenditure is classified as an expense, which is reported immediately on the business's income statement or whether it is classified as a capital expenditure (or an expenditure subject to depreciation ), which is not an expense flow of ...