Examlex
Upper-class mothers believe that having nannies who are not upper-class raise their children is helpful in providing the children with the cultural capital they will need to do well in the future.
Economies Grow
The process by which a nation's wealth increases over time, typically measured by the rise in its gross domestic product (GDP).
Microeconomics
The branch of economics that focuses on the actions of individuals and industries, rather than the economy as a whole.
Descriptive Economics
A branch of economics that focuses on describing economic phenomena, without making judgments or recommendations.
Empirical Economics
The branch of economics that focuses on using data and statistical methods to analyze economic theories and test hypotheses.
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