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equalize costs of production

См. также в других словарях:

  • economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …   Universalium

  • Natural monopoly — A monopoly describes a situation where all (or most) sales in a market are undertaken by a single firm. A natural monopoly by contrast is a condition on the cost technology of an industry whereby it is most efficient (involving the lowest long… …   Wikipedia

  • Speculation — • A term used with reference to business transactions to signify the investing of money at a risk of loss on the chance of unusual gain Catholic Encyclopedia. Kevin Knight. 2006. Speculation     Speculation …   Catholic encyclopedia

  • social security — 1. (usually caps.) a program of old age, unemployment, health, disability, and survivors insurance maintained by the U.S. federal government through compulsory payments by specific employer and employee groups. 2. the theory or practice of… …   Universalium

  • education — /ej oo kay sheuhn/, n. 1. the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life. 2. the act or process of… …   Universalium

  • Unequal exchange — is a much disputed concept, used preferably in Marxian economics but also in ecological economics to denote forms of exploitation hidden in, or underwriting trade. Originating, in the wake of the debate on the Singer Prebisch thesis, as an… …   Wikipedia

  • FairTax — Part of a series on Taxation Taxation in the United States …   Wikipedia

  • Economic calculation problem — The economic calculation problem is a criticism of socialist economics. It was first proposed by Ludwig von Mises in 1920 and later expounded by Friedrich Hayek.cite book title= Economic calculation in the Socialist Commonwealth accessdate=2008… …   Wikipedia

  • Reverse osmosis — Schematics of a reverse osmosis system (desalination) using a pressure exchanger. 1: Sea water inflow, 2: Fresh water …   Wikipedia

  • Ocean thermal energy conversion — Temperature differences between the surface and 1000m depth in the oceans Ocean Thermal Energy Conversion (OTEC) uses the difference between cooler deep and warmer shallow or surface ocean waters to run a heat engine and produce useful work,… …   Wikipedia

  • land reform — any program, esp. when undertaken by a national government, involving the redistribution of agricultural land among the landless. [1840 50, Amer.] * * * Deliberate change in the way agricultural land is held or owned, the methods of its… …   Universalium

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