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The Harrod–Domar model is a Keynesian model of economic growth.It is used in development economics to explain an economy's growth rate in terms of the level of saving and of capital.
A transition economy or transitional economy is an economy which is changing from a centrally planned economy to a market economy. [1] Transition economies undergo a set of structural transformations intended to develop market-based institutions.
An economy [a] is an area of the production, distribution and trade, as well as consumption of goods and services.In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. [3]
A sketch of a boot. The Sam Vimes "Boots" theory of socioeconomic unfairness, often called simply the boots theory, is an economic theory that people in poverty have to buy cheap and subpar products that need to be replaced repeatedly, proving more expensive in the long run than more expensive items.
Free trade, deregulation, tax cuts, privatization, labour market flexibility, and opposition to trade unions are also common positions. [ 4 ] Economic liberalism can be contrasted with protectionism because of its support for free trade and an open economy , and is considered opposed to planned economies and non-capitalist economic orders, such ...
The economy of Brunei, a small and wealthy country, is a mixture of foreign and domestic entrepreneurship, government regulation and welfare measures, and village traditions.
The SS2 (short for Senapan Serbu 2, lit. ' Assault Rifle 2 ') is a replacement for the Pindad SS1 created by Pindad. [6] It had been seen during the ASEAN Army Rifles contest by foreign media in 2006 [7] aside from exposure by local Indonesian media.