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DISPERSIVE FORCE: A force that causes activities to locate farther apart. The primary dispersive forces are due to competition for local inputs or outputs, especially if this competition increases the prices of the inputs or limits the available demand for the outputs. Dispersive forces are countered by attractive forces, which act to bring activities closer together.
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ALLOCATION EFFECT A change in the allocation of resources caused by placing taxes on economic activity. By creating disincentives to produce, consume, or exchange, taxes generally alter resource allocations. The allocation effect is typically used when governments seek to discourage the production, consumption, or exchange of particular goods or activities that are deemed undesirable (such as tobacco use or pollution). This is one of two effects of taxation. The other (primary) is the revenue effect, which is the generation of revenue used to finance government operations.
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BLACK DISMALAPOD
[What's This?]
Today, you are likely to spend a great deal of time flipping through mail order catalogs trying to buy either decorative celebrity figurines or a flower arrangement with anything but tulips for your grandfather. Be on the lookout for broken fingernail clippers.
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In 1914, Ford paid workers who were age 22 or older $5 per day -- double the average wage offered by other car factories.
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"Give the American people a good cause, and there's nothing they can't lick. " -- John Wayne, actor
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APC
Average Propensity to Consume
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