Self-correcting

What is Self-correcting?


1.

*adj*; the tendency of some systems to return to normal conditions after a disruption. For example, a spinning gyroscope will return to its original inclination if you push it away. The term is usually applied to theories about how the economy works.

Economists traditionally describe market economies as self-correcting. However, when depressions or recessions strike, they are usually obligated to help the process along.

See economics, classical economics


2

Random Words:

1. Acronym for "Who What Where When Why How". This definition appears very rarely and is found in the following Acronym Finder c..
1. a describing word used when an act, person, or thing is freaking ridiculous pauline is rifrickendicilous! See ridiculous, fricken, pau..
1. Hangover Horn. The rampant, seemingly insatiable appetite for sex that is usually associated with the hangover after a night out drinkin..