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ECONOMICS FOR EVERYONE: ON-LINE GLOSSARY OF TERMS …

1 ECONOMICS FOR EVERYONE: ON-LINE GLOSSARY OF TERMS & CONCEPTS By Jim Stanford Canadian Centre for Policy Alternatives, 2008 Non-commercial use and reproduction, with appropriate citation, is authorized. This GLOSSARY contains non-technical descriptions of all the TERMS in ECONOMICS for Everyone highlighted in SMALL CAPITALS. Italicized TERMS within the definitions are themselves defined elsewhere in the GLOSSARY , for cross-reference. Absolute Poverty: Poverty defined with respect to an absolute material standard of living.

Balanced Budget Laws: Laws ... dynamic economic and political development of capitalism, analyzed economics in class terms, ... Monetary Fund) often attach strong conditions to emergency loans they make to developing countries experiencing economic and …

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