Examlex
The negative state relief model argues that true altruism is a product of empathy and empathy then creates nurturing feelings towards a target.
Great Depression
A severe worldwide economic depression that took place mostly during the 1930s, starting in the United States.
John Maynard Keynes
A British economist whose ideas fundamentally changed the theory and practice of macroeconomics and economic policies of governments.
Classical Economists
Early economists, such as Adam Smith and David Ricardo, who focused on the role of free markets in promoting economic growth and efficiency.
Recession
A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in successive quarters.
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