- Industry: Education
- Number of terms: 31274
- Number of blossaries: 0
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The accelerating interdependence of nations in a world system linked economically and through mass media and modern transportation systems.
Industry:Anthropology
A loss of confidence in a country's currency or other financial assets causing international investors to withdraw their funds from the country.
Industry:Economy
A document, real or virtual, having legal force and embodying or conveying monetary value.
Industry:Economy
A market for a financial instrument, in which buyers and sellers find each other and create or exchange financial assets. Sometimes these are organized in a particular place and/or institution, but often they exist more broadly through communication among dispersed buyers and sellers, including banks, over long distances.
Industry:Economy
A sudden loss of confidence in the financial system, causing widespread attempts to sell stocks and bonds and withdraw funds from banks, often stimulated by a large financial entity (speculator, bank, etc. ) making a large loss and defaulting on commitments.
Industry:Economy
A deficit in the government budget of a country. Thus the budget deficit.
Industry:Economy
A tax cut and/or an increase in government spending. So called because it tends to increase aggregate demand and therefore the level of economic activity in the short run.
Industry:Economy
A factor of production the quantity of which cannot be changed. This is usually the case only in the short run.
Industry:Economy
A regime in which a country's exchange rate is allowed to fluctuate freely and be determined without intervention in the exchange market by the government or central bank.
Industry:Economy
A flow, or flow variable, is an economic magnitude describing behavior that occurs over time and is therefore meaningful only relative to the unit of time. Examples are the value of exports (dollars per year), demand for foreign exchange (euros per day), and migration (persons per month). Contrasts with a stock.
Industry:Economy
