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Economy
Pertaining to the system or range of economic activity in a country, region, or community.
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Economy > Economics 
commoditization
Economy; Economics
The process of becoming a commodity. Micro¬chips, for example, started out as a specialized technical innovation, costing a lot and earning their makers a high profit on each ...
command economy
Economy; Economics
When a government controls all aspects of economic activity (see, for example, communism).
collateral
Economy; Economics
An asset pledged by a borrower that may be seized by a lender to recover the value of a loan if the borrower fails to meet the required interest charges or repayments.
closed economy
Economy; Economics
An economy that does not take part in inter¬national trade; the opposite of an open economy. At the turn of the century about the only notable example left of a closed economy is ...
classical economics
Economy; Economics
The dominant theory of economics from the 18th century to the 20th century, when it evolved into Neo-classical economics. Classical economists, who included Adam Smith, David ...
Chicago school
Economy; Economics
A fervently free-market economic philosophy long associated with the University of Chicago. At times, especially when Keynesian economics was the orthodoxy in much of the world, ...
Sub-categories
- Ecommerce (149)
- Economic standardization (81)
- Economics (60867)
- Forex (918)
- International economics (35907)
- International trade (7996)