HyperDic
: economic_process
English
> 1 sense of the expression
economic process
:
NOUN
process
economic process
any process
affecting
the
production
and development and
management
of
material
wealth
English
>
economic process
: 1 sense
> noun 1, process
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
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