Definition and detailed analysis of the primary market in financial economics.
The transfer to private ownership and control of assets or enterprises which were previously under public ownership.
A UK system, established in 1986, allowing tax-free investments in shares and unit trusts.
The cost incurred by individuals or firms to provide goods or services, excluding external harms unless legally obligated.
A scenario where rapid population growth hinders any improvement in living standards due to the necessity of all available savings to maintain the current capital–labour ratio.
A point below which any further reduction in a tariff would cause serious damage to a domestic industry.
The tendency in countries with a history of high inflation for interest rates to remain higher than abroad
Understanding the concept of product liability, its implications, and its applications in economics and law.
An overview of the progressive tax system where the tax burden rises more than proportionate to the income or ability to pay.
A company whose principal activity is owning and developing property.
A UK government interdepartmental committee that reviewed expenditure plans, ceasing operation in 1984.
