The Zigzag Flow model of the economy envisions the natural state as a circular flow of funds. An equilibrium of…

Tissue Homeostasis is the tendency towards a relatively stable equilibrium between interdependent elements.

Protectionism is the theory or practice of shielding a country’s domestic industries from foreign competition by taxing imports.

Physiocracy is the belief that the wealth of all nations is derived from the value of land agriculture and that…

Phosphors are all substances that exhibit┬áluminescence when struck by light of certain wavelengths, as by ultraviolet. Phosphor is also an…

Mutations are changes or alterations from the parent type, which leads to a change of inheritable characteristics. This change is…

The Malthusian Ceiling is the limit to which human population can grow on earth, which is defined by the amount…

Every time there is an injection of new demand into the circular flow there is likely to be a multiplier…

The invisible hand is the unobservable market force that helps the demand and supply of goods in a free market…

Interest is money paid regularly at a particular rate for the use of money lent, or for delaying the repayment…

The circular flow economic model is a simple economic model illustrating the flow of goods and services through the economy.…

Affluenza is a psychological malaise supposedly affecting wealthy young people, symptoms of which include a lack of motivation, feelings of…

Angiogenesis is the development of new blood vessels.