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ECONOMIC GROWTH, SOURCES: Our economy achieves economic growth with increases in the quantity or quality of resources. The quantity part is relatively simple. If we get more resources, then we have the ability to produce more output. We can also improve resource quality, making existing resources more productive, primarily through education and technology.
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SECOND ESTATE Another term for the business sector. This is one of four divisions of society based on economic function. The other three are government as the first estate, consumers as the third estate, and journalists as the fourth estate.
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Lombard Street is London's equivalent of New York's Wall Street.
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"No great performance ever came from holding back. " -- Don Greene, motivational coach, former Green Beret
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NYBOR New York Interbank Offered Rate
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