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<strong>Encryption</strong> – A process by which data is translated into a proprietary code (algorithm) so that it can only be read or altered by an entity that possesses the keys to decipher (decrypt) the code. There are two types of encryption: symmetric (private key) and asymmetric (public key).
of Money, Chicago: University of Chicago Press.<br /> - (1957) A Theory of the Consumption Function: A Study by the National Bureau of Economic Research, New York, Princeton, NJ: Princeton University Press.<br /> - (1982) Capitalism and Freedom, Chicago and London: University of Chicago Press.<br /> Friedman, M. and Schwartz, A.E (1963)<br />Monetary History of the United States, 1867-1960, Princeton, NJ: Princeton University Press.<br /> - (1982) Monetary Trends in the United States and the United Kingdom: Their Relation to Income, Prices and Interest Rates 1867-1975, Chicago: University of Chicago Press.<br /> Thygessen, N. (1975) 'The scientific contributions of Milton Friedman', Scandinavian Journal of Economics 79: 56-98.
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merchant capitalism (NO, PI )<br />An economic system consisting of wholesalers who advance funds to manufacturing workers to produce goods for the merchants' ma rket. This stage of economic development was succeeded by INDUSTRIAL CAPITALISM.
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