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Martineau, Harriet, 1802-76 {B3) Leading popularizer of economics in England in the mid-nineteenth century. Born in Norwich, the daugh ter of a Unitarian cloth manufacturer, she studied SMITH, RICARDO and MALTHus from the age of 14 and was inspired to write on political economy ments of goods and finance for by MARCETs' popular works. Severe deafreconstruction. It was given to these countries, members of the ORGANIZATION FOR ECONOMIC CO-OPERATION AND DEVEWPMENf, as part of the European Recovery Programme and was administered by the European Co-operation Administration.<br /> The recipient countries were expected to follow orthodox economic policies to control inflation, get their exchange rates at the right level and adjust their domestic policies to achieve an externa l balance. It was hoped that Marshall Aid would avoid a major world depression after the Second World War. The gift of US dollars to Europe enabled European countries to finance imports from the USA, but the dolla r gap was slow to disappea r and the amount of Marshall Plan assistance far ness forced her to adopt a literary career, which she successfully did with her twentyfou r pa rt Illustrations of Political Economy, Fables with Morals, beginning with an account of life in the wilds of South Africa. This work followed the typical classical division of the subject into production, distribution, exchange and consumption, and gained her a reputation as a female Malthusian. She said that the research materials she used were 'the standa rd works on the subject of what I then took to be a science'.<br /><em>See also:</em> female economists; Malthus <br /><em>Reference</em><br />Fox, C. (1883) Harriet Martineau's Autobiography, 2 vols, London: Virago Press.
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<strong>Change transaction</strong> – Any change made to a loan or disbursement post guarantee. Change transactions are defined within the CommonLine Change Send File (CTSF) and are categorized into pre-disbursement (@1-09) and post-disbursement transactions (@1-10). In Missouri, the term “loan maintenance” is used to describe change transactions.
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analysis of 1838 considered two firms making an identical product, each aiming to maximize its profits on the assumption that the other firm kept its output constant. He proved that equilibrium would be reached with equal division of the market and the charging of the same price, a price lower than a monopolist's price but higher than under PERFECf COMPETITION.<br /><em>See also:</em> Bertrand duopoly model; Cournot duopoly model; spatial duopoly model; Stackelberg duopoly model
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