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In this remark, Churchill emphasizes the importance of patience and trust in the unfolding of events, likening them to the natural and unstoppable flow of a tide. He suggests that, despite challenges or uncertainties, one should remain confident that circumstances will eventually align favorably. This reflects a belief in resilience and the idea that perseverance will lead to eventual success. Ultimately, it underscores the need to remain steadfast in the face of adversity.

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What does imf mean?

The letters IMF can mean "International Monetary Fund" - an international body that coordinates loans to countries and establishes fiscal policies used in international trade "Impossible Missions Force" - from the fictional TV show and movies "Mission: Impossible" *When texting, IMF is a rude remark to or about another person, which is both impolite and crude.


Who said Mr Carnegie I want to congratulate you for being the richest man in the world?

The phrase "Mr. Carnegie, I want to congratulate you for being the richest man in the world" was famously said by William Jennings Bryan, a prominent American orator and politician. This comment highlights Andrew Carnegie's immense wealth during the Gilded Age, a period characterized by rapid industrialization and economic growth in the United States. Bryan's remark underscores the significance of Carnegie's achievements in business and philanthropy.


Who was the Soviet leader who said of the West 'We will bury you'?

Nikita Khrushchev, then-premier of the Soviet Union, made a remark during a meeting with the Western diplomats on November 18, 1956 in Moscow, that was interpreted as telling the Western nations "We will bury you". The actual phrase was closer to "We will dig you in", meaning that Communism would outlast Western democracy. During the Cold War between the US and the USSR, it was widely reported as a threat and evidence of the hostile and imperial intentions of the Soviets. Khruschev maintained his reputation as an erratic bully when he later attempted to bang his shoe on a lectern at the UN General Assembly, blurting out an idiomatic Russian threat that roughly translates as "We will show you", but because of its uniqueness, was, once again, translated as "We will bury you" by the dumbfounded translator. It is this incident that most stuck in the collective memory of the West.


What is the purpose of economic sanctions?

There are a tremendous number of ways in which one country can express discontent with another, ranging in severity all the way from the release of a subtle, negative remark, up to outright warfare. Economic sanctions fall somewhere near the relative middle of this spectrum. Depending on the nature of the economic sanction (complete cessation of trade, restriction of trade to only aid items, blockades), the target can be surgically chosen. A classic example would, for instance, involve Western sanctions against Iran/Persia. Iran is rich in oil, but the rest of their economy is not as effective. Employing an economic sanction that eliminates outgoing oil sales completely would have very serious and destructive effects on their overall economy, and from there, their political infrastructure (note: I choose Iran for no other reason and it allows me an easy example, in that their trade spectrum is very narrow). Hopefully more humanitarian and less destructive than military action, economic sanctions are a political tool of mid-range potency.


10 definitions of economics?

1. Adam Smith's DefinitionAdam Smith, considered to be the founding father of modern Economics, defined Economics asthe study of the nature and causes of nations' wealth or simply as the study of wealth.The central point in Smith's definition is wealth creation. Implicitly, Smith identifiedwealth with welfare. He assumed that, the wealthier a nation becomes the happier are itscitizens. Thus, it is important to find out, how a nation can be wealthy. Economics is thesubject that tells us how to make a nation wealthy. Adam Smith's definition is a wealth-centreddefinition of Economics.2. Alfred Marshall's DefinitionAlfred Marshall also stressed the importance of wealth. But he also emphasised the role of theindividual in the creation and the use of wealth. He wrote: "Economics is a study of man inthe ordinary business of life. It enquires how he gets his income and how he uses it. Thus, it ison the one side, the study of wealth and on the other and more important side, a part of thestudy of man". Marshall, therefore, stressed the supreme importance of man in the economicsystem. Marshall's definition is considered to be material-welfare centred definition ofEconomics.3. Lionel Robbins' DefinitionThe next important definition of Economics was due to Prof. Lionel Robbins. In his book'Essays on the Nature and Significance of the Economic Science', published in 1932, Robbins gave adefinition which has become one of the most popular definitions of Economics. According toRobbins, "Economics is a science which studies human behaviour as a relationship betweenends and scarce means which have alternative uses". A long line of economists after Robbins,including Scitovsky and Cassel agreed with this definition and carried on their analysis inline with this definition. It is a scarcity-based definition of Economics.4. Modern Growth-Oriented Definition of SamuelsonIn relatively recent times, more comprehensive definitions of Economics have been offered.Thus, Professor Samuelson writes, "Economics is the study of how people and society end upchoosing, with or without the use of money, to employ scarce productive resources that couldhave alternative uses to produce various commodities over time and distributing them forconsumption, now or in the future, among various persons or groups in society. It analysescosts and benefits of improving patterns of resource allocation". A large number of moderneconomists subscribe to this broad definition of Economics.5. Gary Becker, a contributor to the expansion of economics into new areas, describes the approach he favors as "combin[ing the] assumptions of maximizing behavior, stable preferences, and market equilibrium, used relentlessly and unflinchingly."[23] One commentary characterizes the remark as making economics an approach rather than a subject matter but with great specificity as to the "choice process and the type of social interaction that [such] analysis involves." The same source reviews a range of definitions included in principles of economics textbooks and concludes that the lack of agreement need not affect the subject-matter that the texts treat. Among economists more generally, it argues that a particular definition presented may reflect the direction toward which the author believes economics is evolving, or should evolve.[24]6. J.-B. Say (1803), distinguishing the subject from its public-policy uses, defines it as the science of production, distribution, and consumption of wealth.7. Stuart Mill (1844) defines the subject in a social context as: The science which traces the laws of such of the phenomena of society as arise from the combined operations of mankind for the production of wealth, in so far as those phenomena are not modified by the pursuit of any other object.[16]8. According to Harper (2001), Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek οἰκονομία (oikonomia, "management of a household, administration") from οἶκος (oikos, "house") + νόμος (nomos, "custom" or "law"), hence "rules of the house(hold)".Current economic models emerged from the broader field of political economy in the late 19th century. A primary stimulus for the development of modern economics was the desire to use an empirical approach more akin to the physical sciences. (Clark, 1998).9. Rutherford, (1996) opined that economics is a Study of the economy. Classic economics concentrates on how the forces of supply and demand allocate scarce product and service resources. Macroeconomics studies a nation or the world's economy as a whole, using data about inflation, unemployment and industrial production to understand the past and predict the future. Microeconomics studies the behavior of specific sectors of the economy, such as companies, industries, or households. Over the years, various schools of economic thought have gained prominence, including Keynesian Economics, Monetarism and Supply-Side Economics.10. Mark Blaug (2007) defines economics is the branch of social science that deals with the production and distribution and consumption of goods and services and their management.Economics therefore is the social science that examines how people choose to use limited or scarce resources in attempting to satisfy their unlimited wants. It also studies how the forces of supply and demand allocate scarce resources

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