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Actuality is often used to translate both energeia (ἐνέργεια) and entelecheia (ἐντελέχεια) (sometimes rendered in English as entelechy). Actuality comes from Latin actualitas and is a traditional translation, but its normal meaning in Latin is 'anything which is currently happening.'
According to the Harrod–Domar model there are three kinds of growth: warranted growth, actual growth and natural rate of growth. Warranted growth rate is the rate of growth at which the economy does not expand indefinitely or go into recession. Actual growth is the real rate increase in a country's GDP per year.
The term goes back to Leibniz's theory of possible worlds, [2] used to analyse necessity, possibility, and similar modal notions.In short, the actual world is regarded as merely one among an infinite set of logically possible worlds, some "nearer" to the actual world and some more remote.
In analytic philosophy, actualism is the view that everything there is (i.e., everything that has being, in the broadest sense) is actual. [1] [2] Another phrasing of the thesis is that the domain of unrestricted quantification ranges over all and only actual existents.
Hyperreality is significant as a paradigm to explain current cultural conditions. Consumerism, because of its reliance on sign exchange value (e.g. brand X shows that one is fashionable, car Y indicates one's wealth), could be seen as a contributing factor in the creation of hyperreality or the hyperreal condition.
Differential ground rent and absolute ground rent are concepts used by Karl Marx [1] in the third volume of Das Kapital [2] to explain how the capitalist mode of production would operate in agricultural production, [3] under the condition where most agricultural land was owned by a social class of land-owners [4] who could obtain rent income from farm production. [5]
The effect of reality (French: effet de réel) is a textual device identified by Roland Barthes, the purpose of which was to establish literary texts as realistic. History [ edit ]
Until A Theory of Consumption Function, the Keynesian absolute income hypothesis and interpretation of the consumption function were the most advanced and sophisticated. [2] [3] In its post-war synthesis, the Keynesian perspective was responsible for pioneering many innovations in recession management, economic history, and macroeconomics.