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Corporatocracy: Definition & Features

Corporatocracy refers to a political system that is controlled by corporations or corporate interests. In corporatocracy, individuals are appomted to rule the state by another set of individuals that constitutes the shareholder or rather those who top in the hierarchy of stakeholders.

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Deflation: Definition, Causes, Effect & Control of Deflation

Deflation refers to a persistent or continuous fall in the general price level. The value of money increases during a deflationary period.

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