Other problems include. 1  Bronchiectasis, a condition in which damage to the airways causes them to widen and become flabby and scarred. 2  Exercise-induced bronchospasm, which happens when the airways shrink while you are exercising. 3  Bronchiolitis, an inflammation of the small airways that branch off from the bronchi.
DEFINITION of 'Economic Justice' Economic justice is a component of social justice. It's a set of moral principles for building economic institutions, the ultimate goal of which is to create an opportunity for each person to create a sufficient material foundation upon which to have a dignified, productive, and creative life beyond economics.
What is 'Economic Rent'. Economic rent is an excess payment made to or for a factor of production over the amount required by the property owner to proceed with the deal. This often occurs when a buyer, working to attain a good or service that is considered exclusive, makes an offer prior to hearing what a seller considers an acceptable price.