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In economics, hyperinflation is a very high and typically accelerating inflation.It quickly erodes the real value of the local currency, as the prices of all goods increase.
No agreed definition of what a superpower is exists and may differ between sources. [8] However, a fundamental characteristic that is consistent with all definitions of a superpower is a nation or state that has mastered the seven dimensions of state power, namely geography, population, economy, resources, military, diplomacy, and national ...
In international relations, power is defined in several different ways. [1] Material definitions of state power emphasize economic and military power. [2] [3] [4] Other definitions of power emphasize the ability to structure and constitute the nature of social relations between actors.
Hyper-globalization is the dramatic change in the size, scope, and velocity of globalization that began in the late 1990s and that continues into the beginning of the 21st century. It covers all three main dimensions of economic globalization , cultural globalization , and political globalization .
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
The Supreme Court put new limits on the power of the Securities and Exchange Commission to enforce securities laws — the latest ruling in a series of cases that take aim at federal agencies.
Costas Panayotakis has argued that the economic inequality engendered by neoliberalism creates inequality of political power, undermining democracy and the citizen's ability to meaningfully participate. [335] Despite the focus on economic efficiency, some critics allege that neoliberal policies actually produce economic inefficiencies.
Ahead, we’ve rounded up 50 holy grail hyperbole examples — some are as sweet as sugar, and some will make you laugh out loud. 50 common hyperbole examples I’m so hungry, I could eat a horse.