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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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.
Jahangir said he would arrange a meeting of FIEDMC Chairman with Prime Minister Imran Khan as earlier as possible to address all outstanding issues regarding development of SEZs and said the government will fully facilitate the business community, as it wanted to end poverty and accelerate the economic process in the country.
"Real estate projects need to be revamped to bring added value to the national economy and so as to not to become a burden and a source of imbalance in our economic process." - His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai
He also expressed Iraq's keenness to stabilize the region and reduce tension and avoid conflicts in it, stressing that the stability of the region reflects on the development of economic process and integration between neighboring Arab and regional.
KARACHI -- Prime Minister Imran Khan Wednesday said the government was fully facilitating the business community as it wanted to end poverty and accelerate the economic process in the country.
They welcomed the royal keenness to boost the private sector's role in contributing to the economic process seen by Bahrain.
"By electing its sixth board of directors, Qatar Chamber begins a new phase of its march with more focus on promoting a bigger role for the private sector in the economic process," Sheikh Khalifa said in Qatar Chamber's latest edition of Al-Moltaqa newsletter.
He called for the mobilization of energies and boosting the trade and economic process to overcome the challenges facing the two countries.
'On this occasion, I would like to urge the Government of Oman to expedite the implementation of Tanfeedh, the programme to activate economic process.'
"Italy stands with Tunisia and supports its political and economic process," he pointed out.
Damascus, SANA- The cabinet discussed on Tuesday the situation of joint companies with other countries and asked the ministries to study the economic feasibility of these companies, their active status, job force and their contribution to the economic process.
Three separate chapters explore the roles of the mental constructs of social norms, trust, and power in the economic process at the individual, group, and community level.

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