Capitalism

Capitalism is an economic model that calls for control of the economy by individual households... More >>

Collective farm

Collective farm is a farm operated by a group cooperatively. The farm may be owned jointly by the... More >>

Collectivism

Collectivism is a political and economic system in which the government or the people as a group... More >>

Conservatism

Conservatism is an attitude or philosophy that places great emphasis on traditional values,... More >>

Economic determinism

Economic determinism is a theory for interpreting history which states that a society's economic... More >>

Economic indicator

Economic indicator is a number that shows how well an economy is performing. Such numbers measure... More >>

Fabian Society

Fabian, FAY bee uhn, Society is a group of British socialists. The society was founded in 1884.... More >>

Fabianism

Fabianism, a socialist movement, began in 1884 with the formation of the Fabian Society in... More >>

Five-year plan

Five-year plan is a program to increase a country's standard of living in a five-year period. The... More >>

Gold standard

Gold standard is the use of gold as the standard of value for the money of a country. A country... More >>

Government ownership

Government ownership, also called public ownership, is the ownership and operation of a service,... More >>

Government regulation

Government regulation is the supervision of privately owned businesses by government agencies to... More >>

Gresham's law

Gresham's law is an economic principle dealing with the circulation of money. The law states that... More >>

International, The

International, The, is a name given to several early international organizations of workers.... More >>

Laissez faire

Laissez faire, lehs ay FAIR, is a theory of economic policy which states that government... More >>