Image Source: http://iconbronze.com/Booker%20T%20Washington%20Bronze%20Statue%20Monument.htm. One of the foremost leaders of the African-American community, Booker T. Washington was a great educator and orator who founded the Tuskegee Normal and Industrial Institute in Alabama, now known as the Tuskegee University.
Private property. In a capitalist economy, people have rights to the fruit of their labor and whatever other property they acquire through legal means. Property includes a person's life (we own our own bodies) and liberty as well as physical possessions. Alienable property--possessions--can be sold or leased to others.
Definition of 'Monetary Policy'. Tweet. Monetary policy is the macroeconomic policy laid down by the central bank. Definition: Monetary policy is the macroeconomic policy laid down by the central bank.It involves management of money supply and interest rate and is the demand side economic policy used by the government of a country to achieve macroeconomic objectives like inflation, consumption, growth and liquidity.weet. Monetary policy is the macroeconomic policy laid down by the central bank. Definition: Monetary policy is the macroeconomic policy laid down by the central bank.