The Zigzag Flow model of the economy envisions the natural state as a circular flow of funds. An equilibrium of … More
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 … More
Phosphors are all substances that exhibit luminescence when struck by light of certain wavelengths, as by ultraviolet. Phosphor is also an … More
Mutations are changes or alterations from the parent type, which leads to a change of inheritable characteristics. This change is … More
The Malthusian Ceiling is the limit to which human population can grow on earth, which is defined by the amount … More
Every time there is an injection of new demand into the circular flow there is likely to be a multiplier … More
The invisible hand is the unobservable market force that helps the demand and supply of goods in a free market … More
Interest is money paid regularly at a particular rate for the use of money lent, or for delaying the repayment … More
The circular flow economic model is a simple economic model illustrating the flow of goods and services through the economy. … More
Affluenza is a psychological malaise supposedly affecting wealthy young people, symptoms of which include a lack of motivation, feelings of … More
Angiogenesis is the development of new blood vessels.