School Articles

Nationalization is when a government takes control of a single company or even the whole industry, which generally occurs without compensating the previous owner of the seized property and without their consent.

The next eleven are the eleven countries which are predicted to become the biggest economies in the 21st century. The next eleven are South Korea, Mexico, Bangladesh, Egypt, Indonesia, Iran, Nigeria, Pakistan, the Philippines, Turkey and Vietnam. 

Narrow money is all of the money supply held by the Central Bank – banknotes, coins, liquid assets and even demand deposits.

Natural capital refers to the stock of the companies which hold natural resources – oil and water for example. All of the commodities are to be certified in order for the company to profit off of them in the futures market.

Neuroeconomics is a science that links economics, psychology and neuroscience to get a better understanding of economic decision-making in different economic climates and situations.

A natural hedge is risk reduction by means of using the institutions which are exposed to large swings in exchange rates by exploiting their normal operating procedures. This includes receiving income in another country and currency while incurring expenses in that same currency.