Word: centralization
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Dates: during 2000-2000
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...Combat Uniform Survivability Central...
...Physiological Monitoring Lifeline Central...
...Power Duration Central...
...information economy becomes more complex, more technology intensive and demanding of ever higher levels of skill, it is no surprise that decentralized decision making--what we otherwise call a market economy--takes over from central planning. But there is another factor at work as well: globalization, along with the information-technology revolution that underpins it. A country that decides to opt for a heavy-handed, government-controlled economy will find itself falling further and further behind countries that are economically freer. Formerly, it was possible for socialist countries to close themselves off from the rest of the world, content that...
...given much thought to democracy when the economic fortunes of all seemed to go up and up together. But when the economic crises came (and divided they fell), political and civil rights were desperately missed by those whose economic means and lives were unusually battered. Democracy has become a central issue in these countries now: in South Korea, Indonesia, Thailand and elsewhere...