Tooltip Tags: economy

economic system

A system for producing, distributing and consuming goods and services, including the combination of the various institutions, agencies, consumers, entities (or even sectors as described

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economic crisis

A long-term economic state characterized by unemployment and low prices and low levels of trade and investment. (source: http://www.thefreedictionary.com/economic+crisis)

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economic growth

Increase in the amount of the goods and services produced by an economy over time. (source: http://en.wikipedia.org/wiki/Economic_growth)

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developed country

A sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less developed nations. (source: http://en.wikipedia.org/wiki/Developed_country)

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developing countries

A nation with a low living standard, underdeveloped industrial base, and low Human Development Index (HDI) relative to other countries. (source: http://en.wikipedia.org/wiki/Developing_country)

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currency depreciation

A decrease in the level of a currency in a floating exchange rate system due to market forces. (source: http://www.investopedia.com/terms/c/currency-depreciation.asp)

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credit sqeeze

Significant reduction in the supply of credit by banks due to the increase of the default rate and the lack of trust in theirs clients.

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CPI

Consumer Price Index Official measure of the general level of inflation as reflected in the retail price of a basket of goods and services such

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cost of living index

A theoretical price index that measures relative cost of living over time or regions. It is an index that measures differences in the price of

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consumer price index [CPI]

Official measure of the general level of inflation as reflected in the retail price of a basket of goods and services such as energy, food,

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