| NOUN | process | economic process | any process affecting the production and development and management of material wealth |
|---|
| Meaning | Any process affecting the production and development and management of material wealth. | |
|---|---|---|
| Narrower | deflation | A contraction of economic activity resulting in a decline of prices / prices |
| demand | The ability and desire to purchase goods and services | |
| disinflation | A reduction of prices / prices intended to improve the balance of payments | |
| economic growth | steady growth in the productive capacity of the economy (and so a growth of national income) | |
| globalization, globalisation | growth to a global or worldwide / worldwide / worldwide scale | |
| inflation, rising prices | A general and progressive increase / increase in prices / prices | |
| market forces | The interaction of supply and demand that shapes a market economy | |
| spiral | A continuously accelerating change in the economy | |
| supply | offering goods and services for sale | |
| Broader | process, physical process | A sustained phenomenon or one marked by gradual changes through a series of states |
| Spanish | proceso económico | |
| Catalan | procés econòmic | |
©2001-25 · HyperDic hyper-dictionary · Contact
English |
Spanish |
Catalan
Privacy |
Robots