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Krishan Kumar argues that the "revolutions of 1989" that delegitimized Communism and removed the Communist Party's monopoly of power were fundamentally
"people's revolutions."
Financial Break-Even
The point at which total revenues and total expenses are equal, leading to a net income of zero.
Operating Leverage
A measure of how sensitive a company's operating income is to a change in revenue, indicating the degree to which a firm can increase operating income by increasing sales.
Severe Damage
Refers to extensive physical harm or destruction to property, objects, or systems.
Economy Turn
A term possibly meant to describe a significant change or pivot in the economic conditions or trends.
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