Search results for keyword: depressions
Oval-Standing Oval Hole System
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The elliptical hole system is a system of shallow depressions in the earth’s surface, ranging in size from just a few centimeters to a few meters, arranged in a roughly oval or elliptical shape. These depressions are largely caused by terrain erosion, or man-made mining activities. They are fou......
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forward slip calculation
The internet has changed the way most people communicate. A few decades ago, phone calls and letters were the only ways to communicate with people from around the world. Now, people can send emails, text messages, and chat with one another from anywhere in the world. The ease and accessibility of ......
Poor surface shape Rough surface
Surface Roughness
Surface roughness is a measure of the surface irregularities in the texturing of a materials surface. It is typically measured with instruments such as a profilometer. Surface roughness is often considered a qualitative property, it is used for the study of manufacturing process......
hypercycle theory
The Supercycle Theory
The Supercycle Theory was first proposed in the 1970s and has since become one of the most commonly accepted theories of economic growth and development. According to the theory, economic growth occurs in long cycles that last for decades and are divided into four distinct p......
foreign exchange control
Introduction
Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market exchange where all the worlds currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion. All the worlds ......
castle theory
Sky-scraper Theory
The Skyscraper Theory is a thought-provoking concept that attempts to explain how the functioning of the world economy generates economic and financial cycles. The Skyscraper Theory was first presented in the book “Cycles of Boom and Bust” by economist Robert Prechter and pro......
Keynesian business cycle theory
Introduction
The Keynesian theory of economic cycles is a theory proposed by British economist John Maynard Keynes (1883-1946). Keynes is one of the two most influential economists of the 20th century and his theory of economic cycles has been used to explain macroeconomic behavior since the 1920......
Keynesian Fiscal Policy
Keynesian fiscal policy
Keynesian fiscal policy is an economic theory developed by British economist John Maynard Keynes in the 1930s. The theory states that government spending, taxation and the money supply can be used to influence economic activity. In general, Keynesian fiscal policy involves......
credit crunch
Credit Contraction
The concept of credit contraction refers to the reduction of the availability of credit between lenders, borrowers, and financial markets that occurs when a central bank, such as the Federal Reserve, increases interest rates. This has a ripple effect on the global economy, as ......
Demand Forecast
The Perils of Making Predictions
Aristotle, the ancient Greek philosopher, famously said, “It is the mark of an educated mind to be able to entertain a thought without accepting it.” As modern society attempts to better predict the future, this quote has taken on a new relevance. Making predict......
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