economic process


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Noun1.economic process - any process affecting the production and development and management of material wealth
physical process, process - a sustained phenomenon or one marked by gradual changes through a series of states; "events now in process"; "the process of calcification begins later for boys than for girls"
deflation - a contraction of economic activity resulting in a decline of prices
demand - the ability and desire to purchase goods and services; "the automobile reduced the demand for buggywhips"; "the demand exceeded the supply"
disinflation - a reduction of 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)
globalisation, globalization - growth to a global or worldwide scale; "the globalization of the communication industry"
inflation, rising prices - a general and progressive increase in prices; "in inflation everything gets more valuable except money"
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
References in classic literature ?
The inevitability of the revolution depended upon this fact, that they had no choice but to unite or be exterminated; this fact, grim and inexorable, depended upon no human will, it was the law of the economic process, of which the editor showed the details with the most marvelous precision.
They aim to achieve balance between the interests of all parties included in the economic process and ensure to meet and provide the needs of citizens.
The European officials said the European bloc is committed to accompanying continuously the political and economic process in Tunisia by means of mobilising the diverse tools of support and exploring new avenues of cooperation.
The meeting has discussed, among other issues, the tasks of the sector during the coming period as well as the challenges facing the economic process .
Direct compression is considered to be the most economic process in tablet manufacturing in terms of labor, time, equipment, operational energy and space.
Abdul-Mahdi confirmed the ministry's support to increase oil and gaseous production which is the largest part of the economic process and has other effects that determines the amount of resources that enter the country, stressing the need to give priority to the public interest on the rest of interests to maximize oil and gas wealth exports on which the country depends on ".
Agency for International Development (USAID) has provided $150 million to support developmental projects in the private sector which is considered a key factor in any economic process.
In the meeting, the Turkish ambassador confirmed his country's keenness to support the political and economic process in Yemen.
process, we see an economic process that can help people develop the economy
This adversely affects the development and economic process and threatens individuals and societies, he said in a statement on the eve of International Anti-Corruption Day yesterday.
He said the rise in oil prices has maintained stability in the region, stressing that oil can not be relied on forever, therefore, the private sector must contribute to the economic process and become a key partner in the economic activity.
This a significant indication of the Royal attention from His Majesty the Sultan for consumer protection in the Sultanate, as the consumer is seen a factor in the economic process and hence his rights should be kept and he is to be protected against unacceptable commercial practices.