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Outline of economics and Tax

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Outline of economics and Tax

Outline of economics vs. Tax

The following outline is provided as an overview of and topical guide to economics: Economics – analyzes the production, distribution, and consumption of goods and services. A tax (from the Latin taxo) is a mandatory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures.

Similarities between Outline of economics and Tax

Outline of economics and Tax have 62 things in common (in Unionpedia): Adam Smith, Agricultural policy, Business, Business cycle, Capital (economics), Capitalism, Classical economics, Currency, Distribution (economics), Economics, Elasticity (economics), Euro, Excess burden of taxation, Externality, Factors of production, Federal Reserve System, Fiscal policy, Free trade, Georgism, Goods, Government debt, Government spending, Gross domestic product, Incentive, Income tax, Industrial policy, Inflation, Investment policy, John Locke, Karl Marx, ..., Land (economics), Land value tax, Ludwig von Mises, Macroeconomics, Market (economics), Microeconomics, Mixed economy, Monetary policy, Natural resource, Neoclassical economics, Normal good, Opportunity cost, Peter Mathias, Price, Price ceiling, Price floor, Public finance, Public good, Recession, Sales tax, Tariff, Tax, Tax policy, The Wealth of Nations, Trade, Trade bloc, Unemployment, Value-added tax, Wage, Wealth, Welfare, Welfare economics. Expand index (32 more) »

Adam Smith

Adam Smith (16 June 1723 NS (5 June 1723 OS) – 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment era.

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Agricultural policy

Agricultural policy describes a set of laws relating to domestic agriculture and imports of foreign agricultural products.

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Business

Business is the activity of making one's living or making money by producing or buying and selling products (goods and services).

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Business cycle

The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend.

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Capital (economics)

In economics, capital consists of an asset that can enhance one's power to perform economically useful work.

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Capitalism

Capitalism is an economic system based upon private ownership of the means of production and their operation for profit.

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Classical economics

Classical economics or classical political economy (also known as liberal economics) is a school of thought in economics that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century.

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Currency

A currency (from curraunt, "in circulation", from currens, -entis), in the most specific use of the word, refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins.

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Distribution (economics)

In economics, distribution is the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labour, land, and capital).

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Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services.

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Elasticity (economics)

In economics, elasticity is the measurement of how an economic variable responds to a change in another.

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Euro

The euro (sign: €; code: EUR) is the official currency of the European Union.

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Excess burden of taxation

In economics, the excess burden of taxation, also known as the deadweight cost or deadweight loss of taxation, is one of the economic losses that society suffers as the result of taxes or subsidies.

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Externality

In economics, an externality is the cost or benefit that affects a party who did not choose to incur that cost or benefit.

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Factors of production

In economics, factors of production, resources, or inputs are which is used in the production process to produce output—that is, finished goods and services.

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Federal Reserve System

The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of America.

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Fiscal policy

In economics and political science, fiscal policy is the use of government revenue collection (mainly taxes) and expenditure (spending) to influence the economy.

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Free trade

Free trade is a free market policy followed by some international markets in which countries' governments do not restrict imports from, or exports to, other countries.

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Georgism

Georgism, also called geoism and single tax (archaic), is an economic philosophy holding that, while people should own the value they produce themselves, economic value derived from land (including natural resources and natural opportunities) should belong equally to all members of society.

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Goods

In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.

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Government debt

Government debt (also known as public interest, public debt, national debt and sovereign debt) is the debt owed by a government.

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Government spending

Government spending or expenditure includes all government consumption, investment, and transfer payments.

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Gross domestic product

Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time.

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Incentive

An incentive is something that motivates an individual to perform an action.

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Income tax

An income tax is a tax imposed on individuals or entities (taxpayers) that varies with respective income or profits (taxable income).

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Industrial policy

The industrial policy of a country, sometimes denoted IP, is its official strategic effort to encourage the development and growth of part or all of the manufacturing sector as well as other sectors of the economy.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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Investment policy

An investment policy is any government regulation or law that encourages or discourages foreign investment in the local economy, e.g. currency exchange limits.

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John Locke

John Locke (29 August 1632 – 28 October 1704) was an English philosopher and physician, widely regarded as one of the most influential of Enlightenment thinkers and commonly known as the "Father of Liberalism".

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Karl Marx

Karl MarxThe name "Karl Heinrich Marx", used in various lexicons, is based on an error.

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Land (economics)

In economics, land comprises all naturally occurring resources as well as geographic land.

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Land value tax

A land/location value tax (LVT), also called a site valuation tax, split rate tax, or site-value rating, is an ad valorem levy on the unimproved value of land.

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Ludwig von Mises

Ludwig Heinrich Edler von Mises (29 September 1881 – 10 October 1973) was an Austrian-American theoretical Austrian School economist.

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Macroeconomics

Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole.

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Market (economics)

A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange.

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Microeconomics

Microeconomics (from Greek prefix mikro- meaning "small") is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.

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Mixed economy

A mixed economy is variously defined as an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise.

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Monetary policy

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

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Natural resource

Natural resources are resources that exist without actions of humankind.

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Neoclassical economics

Neoclassical economics is an approach to economics focusing on the determination of goods, outputs, and income distributions in markets through supply and demand.

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Normal good

In economics, a normal good is any good for which demand increases when income increases, i.e. with a positive income elasticity of demand.

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Opportunity cost

In microeconomic theory, the opportunity cost, also known as alternative cost, is the value (not a benefit) of the choice in terms of the best alternative while making a decision.

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Peter Mathias

Peter Mathias, CBE (10 January 1928 – 1 March 2016) was a British economic historian.

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Price

In ordinary usage, a price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.

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Price ceiling

A price ceiling is a government-imposed price control, or limit, on how high a price is charged for a product.

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Price floor

A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product.

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Public finance

Public finance is the study of the role of the government in the economy.

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Public good

In economics, a public good is a good that is both non-excludable and non-rivalrous in that individuals cannot be effectively excluded from use and where use by one individual does not reduce availability to others.

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Recession

In economics, a recession is a business cycle contraction which results in a general slowdown in economic activity.

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Sales tax

A sales tax is a tax paid to a governing body for the sales of certain goods and services.

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Tariff

A tariff is a tax on imports or exports between sovereign states.

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Tax

A tax (from the Latin taxo) is a mandatory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures.

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Tax policy

Tax policy is the choice by a government as to what taxes to levy, in what amounts, and on whom.

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The Wealth of Nations

An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith.

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Trade

Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money.

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Trade bloc

A trade block is a type of intergovernmental agreement, often part of a regional intergovernmental organization, where barriers to trade (tariffs and others) are reduced or eliminated among the participating states.

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Unemployment

Unemployment is the situation of actively looking for employment but not being currently employed.

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Value-added tax

A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally, based on the increase in value of a product or service at each stage of production or distribution.

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Wage

A wage is monetary compensation (or remuneration, personnel expenses, labor) paid by an employer to an employee in exchange for work done.

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Wealth

Wealth is the abundance of valuable resources or valuable material possessions.

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Welfare

Welfare is a government support for the citizens and residents of society.

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Welfare economics

Welfare economics is a branch of economics that uses microeconomic techniques to evaluate well-being (welfare) at the aggregate (economy-wide) level.

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The list above answers the following questions

Outline of economics and Tax Comparison

Outline of economics has 611 relations, while Tax has 358. As they have in common 62, the Jaccard index is 6.40% = 62 / (611 + 358).

References

This article shows the relationship between Outline of economics and Tax. To access each article from which the information was extracted, please visit:

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