Tag: economies

Kondratiev Wave

DefinitionIn economics, Kondratiev waves are hypothesized cycle-like phenomena in the modern world economy. Kondratiev Wave What is 'Kondratiev Wave' An economic theory...

Kondratieff Wave

DefinitionIn economics, Kondratiev waves are hypothesized cycle-like phenomena in the modern world economy. Kondratieff Wave What is 'Kondratieff Wave' A long-term cycle...

Kremlinomics

Kremlinomics What is 'Kremlinomics' A financial buzz word used to describe economic policies which some view to be overly leftist. Kremlinomics alludes...

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

Impact Day What is 'Impact Day' The date on which a corporation makes a secondary offering of its shares available for sale...

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...

Oligopsony

DefinitionAn oligopsony is a market form in which the number of buyers is small while the number of sellers in theory could be large....

Oil Field

DefinitionAn "oil field" or "oilfield" is a region with an abundance of oil wells extracting petroleum from below ground. Because the oil reservoirs typically...

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