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PATERNALISM: A fundamental philosophical viewpoint that the private sector (households and businesses) needs to be watched over--like a parent--by the public sector (government). In other words, members of society need to be watched over, cared for, and kept out of trouble, like parents watch over, care for, and keep their children out of trouble. This philosophy of paternalism should be contrasted directly with the philosophy of laissez faire, which essentially says "Hey, we're all grown ups here, we can make our own decisions."
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STOCK MARKET: A financial market that trades ownership shares in corporations--corporate stock. The three best known, national stock markets in the United States are the New York Stock Exchange, the American Stock Exchange, and the National Association of Securities Dealers. There are also a few regional markets--the Chicago, Philadelphia, and Pacific exchanges are the most notable that trade stock on a smaller scale. Other countries that use corporations to produce stuff, all of the industrialized ones, also have stock markets. The biggest and most worthy of attention are in Tokyo, London, Toronto, Frankfurt, and Paris. Stock markets play a vital role in our economy, making it possible for businesses to raise the large sums of money needed for investment. See also | financial markets | corporate stock | New York Stock Exchange | American Stock Exchange | National Association of Securities Dealers | Dow Jones averages | Standard & Poor's 500 | NASDAQ |
Recommended Citation:STOCK MARKET, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2025. [Accessed: March 20, 2025].
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SILVER CERTIFICATES Paper currency issued and authorized by the U.S. Department of the Treasury that is, in principle, backed up by, and exchangeable for, an equivalent value of silver. Silver certificates were in circulation as a medium of exchange for the U.S. economy during two periods, 1878 to 1923 and 1928 to 1957. A similar form of paper currency is gold certificates.
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WHITE GULLIBON
[What's This?]
Today, you are likely to spend a great deal of time lost in your local discount super center hoping to buy either a printer that works with your stockpile of ink cartridges or income tax software. Be on the lookout for jovial bank tellers.
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This isn't me! What am I?
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Before 1933, the U.S. dime was legal as payment only in transactions of $10 or less.
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"Look at the abundance all around you as you go about your daily business. You have as much right to this abundance as any other living creature. It's yours for the asking." -- Earl Nightingale
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FCLT
Functional Central Limit Theorem
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