A term that means when a government bans and prohibits a certain product or service from a multibillion dollar company that costs a lot of money in revenue and causes harm to the economy.
The United States committed economic suicide by banning an app that was worth over $1 billion in revenue.
by The Ferocious Whomper December 19, 2022
Get the economic suicide mug.What Megyn Kelly and Matt Walsh are advocating under the auspices of the bud light boycott. What it does is set a behavioral precedent so that they can control the behavior of their political opposition. They've threatened to do it again. They think they should be able to do what the woke types where doing to them by LITERALLY doing what the Chinese Communist Party is doing to Taiwan.
Hym "Hey, China is ALSO banning beer. They are banning the sale of Taiwanese beer as a form of economic coercion. That's literally what the people who lead the Bud Light boycott are doing! They are using economic coercion intimate companies into 'Refusing to acknowledge Taiwan as a country.' LIKE A FUCKING COMMUNIST! Is that what you're going to do!? YOU COMMUNIST SLUT!"
by Hym Iam August 9, 2023
Get the Economic Coercion mug.a woman with an economics major is probably a huge bitch with an anti social personality and is very incapable of love. she is very pretty but very much a horrible person. its not because she can make her own choices, its because shes hurting people with them. they may be the money making machine, but she wont get a boyfriend because with all the money she has earned with whatever business she starts with that bachelor she wont need one
by The Big Apple on Yik Yak November 21, 2021
Get the economics bachelor mug.Also known as ECON101 - A phrase styled after the usual name of an introductory economics module at university or college. It's usually used by libertarians and conservatives to explain away the problems of capitalism, with the implication that their interlocutor "simply doesn't understand basic economics", even though a lot of said basic economics go on to be debunked in Economics 201.
Lib: "The minimum wage was introduced so that every employed person could afford food and rent, but ever since the Reagan administration, wages haven't been following the massive increases in productivity, as well as skyrocketing rent."
Cons: "Bruh, that's dumb - raising wages means people must get fired! Also, rent is increasing because more people want to rent! Supply and demand - it's just Economics 101."
Cons: "Bruh, that's dumb - raising wages means people must get fired! Also, rent is increasing because more people want to rent! Supply and demand - it's just Economics 101."
by obnoxious_leftie July 10, 2022
Get the Economics 101 mug.AP Economics is a scam class made by the collegeboard, which is ironic because they’re basically a true definition of a monopoly. If you don’t know what a monopoly is, it’s when one firm controls an entire market, getting to set their own high inflated prices, benefiting few consumers achieving a near productive or allocated efficiency. Does this sound familiar? Oh wait that’s literally the Collegeboard (commentary credit to @AnxiousJoe on Youtube. You can find it on his AP Test Tier List video.), and on top of that, you will find yourself graphing A LOT!! If you’re not a math or statistics person, graphing is going to be difficult for you. This class is basically a second math class even though it claims “that it’s minimal”, gurl I still have to find the area of a triangle in AN ECON CLASS. You may have to deal with poor grades and bad GPA!! Side effects of this class includes watching too much Jacob Clifford videos, staying up until 3 AM, having a low self-esteem, graphing until your hands hurt (aka arthritis), joints swelling, being on meds like advil and tylenol, and having mental breakdowns.
student 1: how was the ap economics test?
student 2: man i don’t understand microeconomics. what the hell is the supply and demand curve? i still don’t understand what price elasticity means.
second semester:
student 1: dude do you know what a monopoly is?
student 2: what the hell is that? i’m not learning macroeconomics right now.
student 2: man i don’t understand microeconomics. what the hell is the supply and demand curve? i still don’t understand what price elasticity means.
second semester:
student 1: dude do you know what a monopoly is?
student 2: what the hell is that? i’m not learning macroeconomics right now.
by kiwikookie November 8, 2022
Get the AP Economics mug.Imposing the sexual expectation of your agenda for the betterment of your field of work or mutual monetary take over or personal gain between to consensual oppositions , coming together for the purpose of a strengthening company , entity or individual
No matter what area of big business one is in, congical economics is prevalent , especially when one or both sides are are on their 3rd marriage and or divorce.
by Adolph Leery May 5, 2022
Get the congical economics mug.Government and Central Bank policies of lower interest rates, higher taxes, wealth redistribution, and stimulus spending to create supposed prosperity or alleviate economic ills without the realization of any negative effects occurring as a result of their economic actions in the economy.
The recent Inflation Reduction Act is Candyland economics because it spends more money and increases taxes, instead of addressing the issue of inflation which is a monetary problem.
by jondich September 18, 2022
Get the Candyland Economics mug.