Overheating of an economy occurs when its productive capacity is unable to keep pace with growing aggregate demand. It is generally characterised by an above-trend rate of economic growth, where growth is occurring at an unsustainable rate. Boom periods are often characterised by overheating in the economy. An economy is said to be overheated when inflation increases due to prolonged good growth rate and the producers produce in excess thereby creating excess production capacity. The main reason behind overheating is insufficient supply allocation because of excess spending by the people due to increase in consumer wealth.
The numerical value of overheating in Chaldean Numerology is: 8
The numerical value of overheating in Pythagorean Numerology is: 7
Sample Sentences & Example Usage
Electricity is a big problem here, it often cuts (off) several times a day, so these buildings are structured in a way that prevents overheating. The curvatures allow for an even distribution of wind for an enhanced cooling effect.
The engine block design, coupled with the particular block heater installed in these vehicles, causes the unit to be susceptible to overheating when the vehicle is parked and the block heater is plugged in –increasing the risk of an underhood fire.
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"overheating." Definitions.net. STANDS4 LLC, 2018. Web. 24 Mar. 2018. <https://www.definitions.net/definition/overheating>.