Definition: A theory in economics that focuses on controlling the money supply to manage economic stability and growth.

Example: Monetarism suggests that controlling the money supply is key to managing inflation.

Definition: Relating to the economic theory that focuses on the role of governments in controlling the amount of money in circulation.

Example: The monetarist approach emphasizes the importance of managing the money supply to control inflation.

Definition: A person who supports the economic theory that focuses on the role of money supply in determining economic activity and inflation.

Example: The monetarist argued that controlling the money supply is essential for managing inflation.

Definition: The process of mixing different breeds or types, often resulting in a hybrid or mixed breed.

Example: The mongrelization of various dog breeds has led to many unique and interesting pets.

Definition: A system of government where one person holds all the power and makes all the decisions.

Example: In a monocracy, the leader has complete control over the state and its policies.

Definition: A person who holds absolute power or authority, often ruling without any checks or balances.

Example: The monocrat made decisions without consulting anyone else in the government.

Definition: Having total control or authority, often in a political context, where one person or group holds all the power.

Example: In a monocratic system, decisions are made by a single leader without input from others.

Definition: Relating to or characterized by a single culture, without diversity in cultural practices or beliefs.

Example: The town is largely monocultural, with most residents sharing the same traditions and customs.

Definition: A system in which a single metal is used as the only standard for currency and monetary value.

Example: The country adopted monometallism to stabilize its economy by using only gold as its currency standard.

Definition: A person who supports the use of only one metal, typically gold or silver, as the standard for currency instead of using two metals.

Example: The monometallist argued that a single metal standard would stabilize the economy.

Definition: To have complete control over something, often to the exclusion of others.

Example: The company tried to monopolise the market by buying out its competitors.