• In economics, shock therapy is a group of policies intended to be implemented simultaneously in order to liberalize the economy, including liberalization...
    40 KB (5,048 words) - 16:12, 6 May 2024
  • price of the good or service or the economy's general price level. In the short run, an economy-wide negative supply shock will shift the aggregate supply...
    3 KB (288 words) - 21:06, 15 March 2024
  • Thermal shock Shock (economics), an unpredicted event that affects an economy Demand shock Supply shock Culture shock, in social psychology Shock value...
    6 KB (699 words) - 19:16, 15 March 2024
  • In economics, a shock is an unexpected or unpredictable event that affects an economy, either positively or negatively. Technically, it is an unpredictable...
    5 KB (519 words) - 13:59, 29 March 2024
  • Thumbnail for Nixon shock
    The Nixon shock refers to the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation...
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  • warned that the domestic economy was sufficiently imbalanced that it ran the risk of causing a "large negative demand shock" in the near future. At the...
    4 KB (403 words) - 12:12, 20 July 2023
  • the shock doctrine due to IMF pressure. The section on China discusses the 1989 Tiananmen Square Protests, and the liberalization of China's economy. In...
    21 KB (2,370 words) - 11:25, 15 April 2024
  • Thumbnail for 1973 oil crisis
    implemented, the embargo caused an oil crisis, or "shock", with many short- and long-term effects on the global economy as well as on global politics. The 1973 embargo...
    130 KB (17,767 words) - 15:17, 8 May 2024
  • Thumbnail for Technology shock
    production methods and outputs in an industry, or in the economy as a whole. Such a technology shock can occur in many different ways. For example, it may...
    8 KB (1,003 words) - 10:07, 28 September 2023
  • negative shock to the economy. When oil prices rose, revision of this act allowed the U.S. government to adjust its budget for changes in the economy, further...
    6 KB (726 words) - 08:07, 29 April 2024
  • The China shock (or China trade shock) is the impact of rising Chinese exports on manufacturing employment in the United States and Europe after China's...
    18 KB (1,995 words) - 07:24, 29 April 2024
  • centrally-planned economy, the Russian Federation succeeded it under president Boris Yeltsin. The Russian government used policies of shock therapy to liberalize...
    64 KB (8,118 words) - 19:14, 27 March 2024
  • leverage but with total economies of scale." Sun Tzu: The "selective, instant beheading of military or societal targets to achieve shock and awe." Haitian example:...
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  • Gilmore describing the next economy following the agrarian economy, the industrial economy, and the most recent service economy. Joseph Pine II and James...
    10 KB (1,178 words) - 17:42, 23 March 2024
  • Thumbnail for Naomi Klein
    privatization of Iraq's economy under the Coalition Provisional Authority) were rushed through while the citizens of these countries were in shock from disasters...
    71 KB (6,553 words) - 16:16, 6 May 2024
  • Thumbnail for Economy of China
    Graham (15 October 2020). "China Is Now the World's Largest Economy. We Shouldn't Be Shocked". The National Interest. Retrieved 25 October 2020. Williamson...
    264 KB (25,688 words) - 18:19, 6 May 2024
  • Thumbnail for Udarnik
    Udarnik (redirect from Shock Worker)
    udarniki), also known in English as a shock worker or strike worker (collectively known as shock brigades or a shock labour team) was a term used to refer...
    8 KB (879 words) - 16:28, 30 December 2023
  • Thumbnail for Economy of the United States
    The United States is a highly developed/advanced mixed economy. It is the world's largest economy by nominal GDP; it is also the second largest by purchasing...
    264 KB (25,362 words) - 02:10, 9 May 2024
  • Thumbnail for New economy
    Goldilocks economy—-the result of five positive "shocks"—–"the two traditional shocks (food-energy and imports) and the three new shocks (computers,...
    10 KB (1,122 words) - 22:02, 10 January 2024
  • Similarly, recessions follow a string of bad shocks to the economy. If there were no shocks, the economy would just continue following the growth trend with...
    20 KB (2,698 words) - 09:46, 4 January 2024
  • Thumbnail for Macroeconomics
    behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study topics such as...
    57 KB (6,819 words) - 07:17, 9 May 2024
  • Stagflation (category Political economy)
    why stagflation occurs. First, stagflation can result when the economy faces a supply shock, such as a rapid increase in the price of oil. An unfavourable...
    42 KB (5,012 words) - 03:00, 11 May 2024
  • Thumbnail for Economy of Russia
    The economy of Russia has gradually transformed from a planned economy into a mixed market-oriented economy. It has enormous natural resources, particularly...
    199 KB (15,869 words) - 01:52, 7 May 2024
  • Thumbnail for Economy of the United Kingdom
    The economy of the United Kingdom is a highly developed social market economy. It is the sixth-largest national economy in the world measured by nominal...
    151 KB (13,221 words) - 15:57, 11 May 2024
  • Thumbnail for Economy of Pakistan
    The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th...
    223 KB (13,585 words) - 15:52, 11 May 2024
  • Thumbnail for 1970s in Japan
    In Japan during the 1970s, the economy was hit by the oil shock and the Nixon shock. Energy consumption dropped and industrial production increased. During...
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  • Thumbnail for Market economy
    A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price...
    55 KB (6,510 words) - 01:47, 18 April 2024
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    even before. Armenia quickly recovered from the output shock experienced by transition economies. Dating from 1994, its upturn in output reaches to the...
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  • adverse shocks to the economy may be amplified by worsening financial market conditions. More broadly, adverse conditions in the real economy and in financial...
    14 KB (1,960 words) - 03:38, 6 March 2023
  • Thumbnail for Economy of Japan
    The Economy of Japan is a highly developed/advanced social market economy, often referred to as an East Asian model. It is the 4th-largest economy in the...
    154 KB (12,600 words) - 13:44, 6 May 2024