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compensatory finance (H5)<br />Expenditures by a government to offset LEAKAGES from the CIRCULAR FLOW of income. Thus, the impact of taxes, savings and imports which reduce the value of the MULTIPLIER for a national economy can be reduced by a government increasing its public expenditure and boosting exports through subsidizing export industries.
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kibbutz (P3)<br />A type of egalitarian community set up in Israel. These largely agricultural societies were strictly controlled by oppressive rules to stamp out INDIVIDUALISM and pay was according to need. Kibbutzim were abandoned by many of their members towards the end of the twentieth century.<br /><em>See also:</em> utopia
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