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austerity |
a tightened or stringent economy, as when there are high taxes, frozen wages, and shortages of consumer goods. [1/3 definitions] |
banana republic |
(informal) a small, often politically unstable Central American country with a one-crop economy that is controlled by foreign capital (used as a derogatory label). |
bearish |
of or pertaining to a real or expected decline in the stock market or in the economy. [1/2 definitions] |
bullish |
of, concerning, or characteristic of a booming economy or stock market or a person who expects it to be so. [1/3 definitions] |
buyer's market |
a market or economy in which prices are relatively low because of an abundance of goods or services. (Cf. seller's market.) |
capitalistic |
pertaining to or characteristic of capitalists or capitalism. [1/2 definitions] |
cheeseparing |
miserly economy; stinginess. [1/3 definitions] |
collectivization |
the act or process of organizing or reorganizing an economy, business, or industry based on collective ownership and joint control of the means of production and distribution. |
collectivize |
to organize or reorganize (an economy, business, or industry) based on collective ownership and control of the means of production and distribution. |
consumerism |
the idea that the consumption of goods is beneficial to society or its economy. [1/2 definitions] |
crash1 |
the sudden failure of a financial or other enterprise, or of the economy in general. [1/17 definitions] |
disequilibrium |
a lack or loss of stability, balance, or equilibrium, esp. in the economy. |
downswing |
a downward turn or trend, as in the economy. [1/2 definitions] |
downturn |
a turn or tendency downward, as in business or the economy; decline. |
economics |
(used with a pl. verb) matters of finance or economy; financial affairs. [1/2 definitions] |
economy |
the careful use of money, resources, and means of production. [1/2 definitions] |
elliptical |
pertaining to economy of oral or written expression. [2/4 definitions] |
free enterprise |
the notion that a capitalist economy does not require government support or intervention, but can regulate itself through the relationships of supply and demand in a freely competitive market. |
globalization |
the process or idea of the world becoming more like that of a single nation with one shared economy and culture rather than separate, distinct countries. |
macroeconomics |
(used with a sing. verb) the study of a nation's economy as a whole and of the interrelationships of its various sectors and components. (Cf. microeconomics.) |
mercantilism |
the doctrine, developed in the West after the decline of feudalism, that a nation's economy could be strengthened by governmental protection of home industries, by increased foreign exports, and by accumulating gold and silver. [1/2 definitions] |
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