Deficit at Political Glossary
What is it? Occurs when the value of a states imports is more than the value of its exports.Political Definition Added By: Julia
The Deficit definition has been viewed 174 Time(s)!
Send To Friends!
If you'd like to send the Deficit definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Deficit. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Political Terms:
Political Term Substantive democracy is A form of democracy that is defined by whether qualities of democracy, such as equality, justice, or self-rule, are evident.Political Term Lend-Lease Law is A foreign aid program initiated by the United States in March 1941 that authorized the transfer of substantial quantities of war mat?el, such as tanks, munitions, locomotives, and ships, to countries opposing the military aggression of the Axis Powers (
Political Term By-election is An election held between general elections to fill a vacancy caused by a Members retirement, dismissal or death.
Political Term Premier is After a provincial election, the leader of the party with the greatest number of elected candidates heads the provincial government as Premier.
Political Term Inflation. is The prices of goods increase over a period of time. It is measured by the consumer price index (CPI) and reported monthly, quarterly, or annually. Various indexes have existed to estimate price levels since colonial times.