The use of monetary and fiscal policy to influence the level of aggregate real effective demand in the economy.
A form of unemployment resulting from inadequate aggregate demand, leading to insufficient job creation in the economy.
The reservation of particular tasks to workers with specialized skills and the associated conflict over job roles.
The process in which the relationship between income per capita and population growth reverses from positive to negative due to economic development.
Analysis of demographic unemployment and its impact on the labor market.
The withdrawal from a currency or precious metal of its acceptance as a form of money. Gold was demonetized as an international currency in 1971 by the Group of Seven governments.
The conversion of member-owned institutions into shareholder-owned companies.
A UK government department responsible for business, industrial strategy, science, innovation, energy, and climate change.
Definition and meaning of the Department for Business, Enterprise and Regulatory Reform
Analysis of the Department for Business, Innovation and Skills (BIS)
A situation where welfare provision leads many people to depend permanently on state handouts and to drop out of the labour market.
An exploration of the dependency ratio, its significance, and its implications in various economic frameworks.
