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Economics

basics of economics

Contributors in Economics

Economics

Intensive agriculture

Economy; Economics

System of cultivation using large amounts of labour and capital relative to land area.

Debt ceiling

Economy; Economics

Debt limit the amount you can borrow United States federal legal restrictions. Before 1917, the United States Congress has approved borrowing each time. In order to allow more flexibility, as the ...

competition not price

Economy; Economics

Try to win business from rival other than by charging lower prices. Methods including advertising, little distinguishes your product, improve the quality of, or offer a free gift or a discount on ...

planned or unplanned inventories

Economy; Economics

Planned inventories are those firms choose to have on hand because they make business more efficient; unplanned inventories result when cannot sell what they produce.

The country's Central Bank system, United States

Economy; Economics

America's Central Bank, established in the year 1913, and call that a federal system dividing United States 12 Central Bank districts, Central Bank reserves themselves, these regions receive care ...

the alternative cost, price options

Economy; Economics

The true cost of something is what you give up to get it. This includes not only the money spent to buy (or do) something, but also economic benefit (utility) that you did not because you bought (or ...

Maintenance Strategy

Economy; Economics

A planning or decision-making tactic appropriate for an organisation when growth opportunities are low but the firm is in a relatively strong position in the market; a maintenance strategy implies ...

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