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EQUALITY STANDARD: One of three basic income distribution standards (the other two are contributive standard and needs standard). The equality standard distributes income equally to every person in society. Everyone--every man, woman, and child--would, in other words, receive exactly the same, per capita income--no more, no less. If, for example, total income earned by 270 million people in the United States is $7 trillion, then every person would receive $25,925.9 each--no more, no less.
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GOVERNMENT ENTERPRISES Government owned and operated productive activities that operate much like private sector firms. They hire resources and purchase other inputs, then produce goods sold through markets. In some cases, government enterprises compete directly with private firms. One common example of a government enterprise is a city-operated electrical generation and distribution system. In some cities, this service is provided by private, for-profit, businesses. In other cities it is provided by government. Other examples of government enterprises include urban transportation systems, parks and recreational facilities, and communication systems.
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WHITE GULLIBON
[What's This?]
Today, you are likely to spend a great deal of time searching for rummage sales looking to buy either a decorative windchime with plastic or a flower arrangement for that special day for your mother. Be on the lookout for empty parking spaces that appear to be near the entrance to a store.
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This isn't me! What am I?
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A thousand years before metal coins were developed, clay tablet "checks" were used as money by the Babylonians.
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"The way to gain a good reputation is to endeavor to be what you desire to appear. " -- Socrates, philosopher
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HSI
Hang Seng Index (Hong Kong)
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