TERMIUM Plus®

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FIRST CIRCLE [1 record]

Record 1 1993-10-12

English

Subject field(s)
  • Economic Conditions and Forecasting
OBS

Terms coined by economist Nuala Beck for a model of economic growth characterized by abundant, cheap steel, which acted as a catalyst to unprecedented growth. (Based on BECEN, 1992, p. 18.)

OBS

commodity economy: ERA: Industrial Revolution to circa 1918. KEY FACTOR: cheap steel. FOUR ENGINES: textiles, coal, steel and railroads. INFRASTRUCTURE: railroads, shipping, telegraph. LEADING ECONOMIC INDICATORS: pig-iron production, railroad operating income, inner tube production, coal and coke production, textile mill production, and cotton consumption.

Key term(s)
  • commodity economy
  • commodity processing circle
  • First Circle

French

Domaine(s)
  • Prévisions et conjonctures économiques
OBS

Propositions faites par analogie avec les équivalents suivants : «commodity exchange» = bourse de marchandises; bourse de commerce. «commodity enterprise» = entreprise du secteur primaire; entreprise primaire. «commodity export» = exportation de produits de base. «commodity» = marchandise; produit de base.

Spanish

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