Russian economist Nikolai Dmitrijewitsch Kondratieff (1892-1938) propose this cycle. The usual boom-bust cycles characteristic of a capitalist economy plays out over a period of about 60 years of major capital goods expansion in this long-duration economic cycle.
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KORAN
The Mohammedan book of faith. It contains both ecclesiastical and secular laws.
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KRAFT PAPER
At least 80 percent virgin wood pulp is in this strong brown unbleached paper.
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KUKDIET, or RUNLET
A measure of wine, oil, etc., containing eighteen gallons and a half. Cowell.
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KUT-KUBAEA
In Hindu law. A mortgage-deed or deed of conditional sale, being one of the customary deeds or instruments of security in India as declared by regulation of 1800, which regulates the legal proceedings to be taken to enforce such a security. It is also called “JJycliil-Wuffa.” Wharton.
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KYMORTHA
A Welsh term for a waster, rhymer, minstrel, or other vagabond who makes assemblies and collections. Barring. Ob. St 300.
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KYOTO PROTOCOL
Industrialized countries excluding the US agree to reduce emissions of greenhouse gases. Negotiated in 1997 in Kyoto, Japan.
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Three Features of a Kangaroo Court
Court proceedings that lack the due process protections people associate with courts of law have earned the name “kangaroo court.” The term has been in use since at least the 19th century, but it is difficult to pinpoint an exact source for it or to determine why its name includes a reference to an animal […]
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