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  2. Market fragmentation - Wikipedia

    en.wikipedia.org/wiki/Market_fragmentation

    Fragmentation in a technology market happens when a market is composed of multiple highly-incompatible technologies or technology stacks, forcing prospective buyers of a single product to commit to an entire product ecosystem, rather than maintaining free choice of complementary products and services.

  3. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    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 ...

  4. Fragmentation (computing) - Wikipedia

    en.wikipedia.org/wiki/Fragmentation_(computing)

    Fragmentation of 0% means that all the free memory is in a single large block; fragmentation is 90% (for example) when 100 MB free memory is present but largest free block of memory for storage is just 10 MB.

  5. Consumer economy - Wikipedia

    en.wikipedia.org/wiki/Consumer_economy

    The GDP in the country grew 6.3% in 2015. Their inflation rate was about 1.4%, and the service sector had grown, becoming a large part of GDP. The economy did not generate a large amount of savings, despite the fact that the 6% growth during the economic recovery of the 3rd and 4th quarter was largely driven by consumer spending. [23]

  6. Deflation - Wikipedia

    en.wikipedia.org/wiki/Deflation

    This means that the savings rate depresses consumption, but does not appear in the economy in an efficient form to spur new investment. People also save by owning real estate, further slowing growth, since it inflates land prices. [dubious – discuss] Imported deflation: Japan imports Chinese and other countries' inexpensive consumable goods ...

  7. Labor theory of value - Wikipedia

    en.wikipedia.org/wiki/Labor_theory_of_value

    The labor theory of value (LTV) is a theory of value that argues that the exchange value of a good or service is determined by the total amount of "socially necessary labor" required to produce it.

  8. Market basket - Wikipedia

    en.wikipedia.org/wiki/Market_basket

    The most common type of market basket is the basket of consumer goods used to define the Consumer Price Index (CPI), often called the consumer basket. It is a sample of goods and services, offered at the consumer market. In the United States, the sample is determined by Consumer Expenditure Surveys conducted by the Bureau of Labor Statistics. [1]

  9. Inflation - Wikipedia

    en.wikipedia.org/wiki/Inflation

    In a similar vein, Nobel laureate James Tobin noted that such inflation would cause businesses to substitute investment in physical capital (plant, equipment, and inventories) for money balances in their asset portfolios. That substitution would mean choosing the making of investments with lower rates of real return.