Fair Trade

Fair Trade

There are a lot of fair trade as well as ethical marketing corporations often employing diverse marketing strategies. Fair trade is a social movement whose…
Level Playing Field

Level Playing Field

Level playing field is a concept about justness, not that each player has an equal chance to ensure, but that they all play by a…
Demonstration Effect

Demonstration Effect

Demonstration effects are effects within the behavior of individuals brought on by observation of what of others as well as their consequences. The term is…
Leakage Effect

Leakage Effect

Leakage effect is usually a situation in which usually capital, or revenue, exits an economic system, or system, as an alternative to remains within the…
Intermediate Good

Intermediate Good

Intermediate Good is an intermediate good is a good or service that may be used in the actual eventual production of final good, or finished…
Intermediate Consumption

Intermediate Consumption

Intermediate consumption is definitely an economic concept used in national accounts, such as the United Nations Program of National Records (UNSNA), the European Nation’s Income…
Infant Industry

Infant Industry

Infant industry is the supposition that promising domestic industries need protection against global competition until they become mature in addition to stable. In economics, infant industry…
Hundi Definition

Hundi Definition

Hundis have a long history in India. Written records show their use at least dating back the sixteenth century. A hundi is really a financial…
Spontaneous Order

Spontaneous Order

Spontaneous order is the spontaneous emergence of order from seeming chaos. It’s a process found inside physical, biological, and support systems, as well seeing that…
Free Price System

Free Price System

A free price system is a form of economic system during which supply and demand are the primary drivers connected with what occurs for the…
Local Multiplier Effect

Local Multiplier Effect

The local multiplier effect describes additional economic benefit accrued for an area from cash being spent from the local economy. The term have been taken…
Multiplier Uncertainty

Multiplier Uncertainty

Multiplier uncertainty is lack of perfect knowledge with the multiplier effect of any particular policy activity, such as any monetary or budgetary policy change, upon…
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