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entity go
that which is perceived or known or inferred to have its own distinct existence (living or nonliving)
that which is perceived or known or inferred to have its own distinct existence (living or nonliving)
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process, physical process go
a sustained phenomenon or one marked by gradual changes through a series of states
a sustained phenomenon or one marked by gradual changes through a series of states
economic process
any process affecting the production and development and management of material wealth
any process affecting the production and development and management of material wealth
noun.process
9 Subcategories
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deflation go
a contraction of economic activity resulting in a decline of prices
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demand go
the ability and desire to purchase goods and services
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disinflation go
a reduction of prices intended to improve the balance of payments
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economic growth go
steady growth in the productive capacity of the economy (and so a growth of national income)
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globalization, globalisation go
growth to a global or worldwide scale
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inflation, rising prices go
a general and progressive increase in prices
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market forces go
the interaction of supply and demand that shapes a market economy
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spiral go
a continuously accelerating change in the economy
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supply go
offering goods and services for sale