Tag: economies
In-Game Economies and Virtual Currencies: A Dive into Digital Value
Ever since the advent of video games, players have sought out ways to progress, level up, and assert dominance. However, a more recent phenomenon...
The Only Way is Up: A Huge Boost for Crypto Fanatics
In the somewhat neverending saga between the Securities and Exchange Commission and Ripple Labs, the case finally came to a head in a near...
Kondratiev Wave
Definition
In economics, Kondratiev waves are hypothesized cycle-like phenomena in the modern world economy.
Kondratiev Wave
What is 'Kondratiev Wave'
An economic theory created by Soviet economist Nikolai...
Kondratieff Wave
Definition
In economics, Kondratiev waves are hypothesized cycle-like phenomena in the modern world economy.
Kondratieff Wave
What is 'Kondratieff Wave'
A long-term cycle present in capitalist economies that...
Kremlinomics
What is 'Kremlinomics' A financial buzz word used to describe economic policies which some view to be overly leftist. Kremlinomics alludes to...
Hyperinflation
DefinitionIn economics, hyperinflation is very high and typically accelerating inflation. It quickly erodes the real value of the currency, as the prices of most...
Impact Day
What is 'Impact Day' The date on which a corporation makes a secondary offering of its shares available for sale to the...
Import Substitution Industrialization – ISI
DefinitionImport substitution industrialization is a trade and economic policy which advocates replacing foreign imports with domestic production. ISI is based on the premise that...
Natural Monopoly
DefinitionA natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of...
Oligopoly
DefinitionAn oligopoly is a market form wherein a market or industry is dominated by a small number of large sellers. Oligopolies can result from...