Early 2000s recessionThe early 2000s recession was a decline in economic activity which mainly occurred in developed countries. The recession affected the European Union during 2000 and 2001 and the United States from March to November 2001. The UK, Canada and Australia avoided the recession, while Russia, a nation that did not experience prosperity during the 1990s, began to recover from it. Japan's 1990s recession continued. This recession was predicted by economists because the boom of the 1990s, accompanied by both low inflation and low unemployment, slowed in some parts of East Asia during the 1997 Asian financial crisis.
Aggregate demandIn macroeconomics, aggregate demand (AD) or domestic final demand (DFD) is the total demand for final goods and services in an economy at a given time. It is often called effective demand, though at other times this term is distinguished. This is the demand for the gross domestic product of a country. It specifies the amount of goods and services that will be purchased at all possible price levels. Consumer spending, investment, corporate and government expenditure, and net exports make up the aggregate demand.
RidgeA ridge is a long, narrow, elevated geomorphologic landform, structural feature, or combination of both separated from the surrounding terrain by steep sides. The sides of a ridge slope away from a narrow top, the crest or ridgecrest, with the terrain dropping down on either side. The crest, if narrow, is also called a ridgeline. Limitations on the dimensions of a ridge are lacking. Its height above the surrounding terrain can vary from less than a meter to hundreds of meters.
Inverted yield curveIn finance, an inverted yield curve is a yield curve in which short-term debt instruments (typically bonds) have a greater yield than longer term bonds. An inverted yield curve is an unusual phenomenon; bonds with shorter maturities generally provide lower yields than longer term bonds. To determine whether the yield curve is inverted, it is a common practice to compare the yield on the 10-year U.S. Treasury bond to either a 2-year Treasury note or a 3-month Treasury bill.
Capital controlCapital controls are residency-based measures such as transaction taxes, other limits, or outright prohibitions that a nation's government can use to regulate flows from capital markets into and out of the country's capital account. These measures may be economy-wide, sector-specific (usually the financial sector), or industry specific (e.g. "strategic" industries). They may apply to all flows, or may differentiate by type or duration of the flow (debt, equity, or direct investment, and short-term vs.
Geology of MarsThe geology of Mars is the scientific study of the surface, crust, and interior of the planet Mars. It emphasizes the composition, structure, history, and physical processes that shape the planet. It is analogous to the field of terrestrial geology. In planetary science, the term geology is used in its broadest sense to mean the study of the solid parts of planets and moons. The term incorporates aspects of geophysics, geochemistry, mineralogy, geodesy, and cartography.
Water towerA water tower is an elevated structure supporting a water tank constructed at a height sufficient to pressurize a distribution system for potable water, and to provide emergency storage for fire protection. Water towers often operate in conjunction with underground or surface service reservoirs, which store treated water close to where it will be used. Other types of water towers may only store raw (non-potable) water for fire protection or industrial purposes, and may not necessarily be connected to a public water supply.
2000s commodities boomThe 2000s commodities boom or the commodities super cycle was the rise of many physical commodity prices (such as those of food, oil, metals, chemicals and fuels) during the early 21st century (2000–2014), following the Great Commodities Depression of the 1980s and 1990s. The boom was largely due to the rising demand from emerging markets such as the BRIC countries, particularly China during the period from 1992 to 2013, as well as the result of concerns over long-term supply availability.
