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accumulation of capital

accumulation of capital  

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Overview Page
One of the fundamental topics in economics is the process by which the capital stock is accumulated. Labor productivity—the primary determinant of economic well-being—depends in large part on the ...
affluent society

affluent society  

A society in which material wealth is widely distributed; often with allusion to the book of that title (1958) by the American economist John Kenneth Galbraith.
banking

banking  

A system of trading in money which involved safeguarding deposits and making funds available for borrowers, banking developed in the Middle Ages in response to the growing need for credit in ...
Banking (Islamic)

Banking (Islamic)  

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Overview Page
Subject:
Religion
Islamic banking is interest-free banking inspired by Islamic law. Its uses include mudarabah (profit sharing), murabahah (advance purchase with later sale at marked-up price), ijarah (leasing or ...
capital

capital  

1 Man-made material resource used or available for use in production, for example machinery. This is also referred to as physical capital.2 Material or financial wealth, accumulated by an individual ...
capitalism

capitalism  

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Overview Page
An economic system in which the factors of production are privately owned and individual owners of capital are free to make use of it as they see fit; in particular, for their own profit. In this ...
Capitalism and Islam

Capitalism and Islam  

Reference type:
Overview Page
Subject:
Religion
Islamic concepts of capitalism can be found in Quranic support for and protection of individual rights to private property, commercial honesty, and competition tempered by concern for the ...
cathexis

cathexis  

In psychoanalysis, the emotional charge associated with an instinct (3), or the process of investing psychic energy in a part of the body or an instinctual object. The Austrian physician Josef Breuer ...
classical economics

classical economics  

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Overview Page
An economic theory based on the principles that both individuals and society prosper most with a minimum of political intervention, and that the allocation of a scarce resource is best decided ...
Commercial Law

Commercial Law  

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Overview Page
Subject:
Law
The areas of the legal system governing commerce, including (but not limited to) agency, contracts, company law, business entities and partnerships, insolvency, insurance, intellectual property, ...
Contract Law

Contract Law  

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Overview Page
Subject:
Law
One of the eleven core subjects a law student must pass to qualify as a candidate for admission to practise law. See Priestley eleven.The principles of contract law govern ...
decision analysis

decision analysis  

A system of logic that uses elements of game theory and operational research to identify and quantify all available choices and their outcomes at each stage in designing a plan for preventive or ...
Diwan

Diwan  

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Overview Page
Subject:
Religion
Central administration of Islamic state or specific branch of government, typically headed by a vizier. States typically had chancellery, financial, and military diwans, with separate diwans for ...
Dixon Court

Dixon Court  

Reference type:
Overview Page
Subject:
Law
(18 April 1952–13 April 1964).During this period, the Court's prestige was very high, not only in Australia, but in other common law countries. Lord Denning described it as the ...
ecological economics

ecological economics  

A branch of economics that takes into account ecological principles and examines the economic values of non‐market ecological products and services. See also environmental economics.
elasticity

elasticity  

The property of certain materials that enables them to return to their original dimensions after an applied stress has been removed. In general, if a stress is applied to a wire, the strain will ...
environmental economics

environmental economics  

A branch of economics that takes into account the current and future monetary costs and benefits of environmental systems, human welfare, and biodiversity. See also cost–benefit analysis, ecological ...
evidence-based public health

evidence-based public health  

Application of best available evidence in setting public health policies and priorities. The evidence comes from official vital and health statistics and from peer-reviewed publications in ...
extrinsic material

extrinsic material  

Reference type:
Overview Page
Subject:
Law
(aids to statutory interpretation)Material that is not included in the statute itself, but can help to clarify the meaning intended by Parliament (e.g. explanatory memoranda and parliamentary ...
financial crisis

financial crisis  

Reference type:
Overview Page
A collapse in the price of financial obligations, which may lead to a collapse in the economy. The major financial crisis in the history of world finance took place after the Wall Street Crash of ...

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