Economic Process

Of process.

Any process affecting the production and development and management of material wealth.

This concept's ID is @1~67520

Contains

  • inflation 4 facts

    A general and progressive increase in prices; "in inflation everything gets more valuable...

  • spiral 2 facts

    A continuously accelerating change in the economy.

  • demand 1 facts

    The ability and desire to purchase goods and services; "the automobile reduced the demand...

  • deflation 0 facts

    A contraction of economic activity resulting in a decline of prices.

  • disinflation 0 facts

    A reduction of prices intended to improve the balance of payments.

  • supply 0 facts

    Offering goods and services for sale.

  • market forces 0 facts

    The interaction of supply and demand that shapes a market economy.

  • globalization 0 facts

    Growth to a global or worldwide scale; "the globalization of the communication in...

  • economic growth 0 facts

    Steady growth in the productive capacity of the economy (and so a growth of national...