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


0

Random Words:

1. Vaginally challenged is a word to define a homosexual male who had made the conscious decision to become gay. There is no medical fact, ..
1. A slightly more evil variant of the standard smiley emoticonwith horns. "Who drank my apple juice!?" "}:-)" See e..
1. A nimwit, moron, ass. don't be such a boodin, man. Everyone knows the "s" in Illinois is SILENT. See Eric..