In economics, putty-putty describes an attribute of capital in financial models. Putty-putty capital can be transformed from flexible capital into durable goods then back again. [1] This contrasts with putty-clay capital which can be converted from flexible capital into durable goods but which cannot then be converted back into re-investable capital. [2]
Silly Putty is a toy containing silicone polymers that have unusual physical properties. It can flow like a liquid, bounce, stretch, or break depending on the amount of physical stress to which it is subjected. It contains viscoelastic liquid silicones, a type of non-Newtonian fluid, which makes it act as a viscous liquid over a long time period but as an elastic solid over a short time period. It was originally created during research into potential rubber substitutes for use by the United States in World War II.
Terracotta, also known as terra cotta or terra-cotta, is a term used in some contexts for earthenware. It is a clay-based non-vitreous ceramic, fired at relatively low temperatures.
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. A typical example is the machinery used in a factory. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a given year."
Plaster is a building material used for the protective or decorative coating of walls and ceilings and for moulding and casting decorative elements. In English, "plaster" usually means a material used for the interiors of buildings, while "render" commonly refers to external applications. The term stucco refers to plasterwork that is worked in some way to produce relief decoration, rather than flat surfaces.
Plasticine is a putty-like modelling material made from calcium salts, petroleum jelly and aliphatic acids. Though originally a brand name for the British version of the product, it is now applied generically in English as a product category to other formulations.
Putty is a material with high plasticity, similar in texture to clay or dough, typically used in domestic construction and repair as a sealant or filler. Although some types of putty slowly polymerise and become stiff, many putties can be reworked indefinitely, in contrast to other types of filler which typically set solid relatively rapidly.
The accelerator effect in economics is a positive effect on private fixed investment of the growth of the market economy. Rising GDP implies that businesses in general see rising profits, increased sales and cash flow, and greater use of existing capacity. This usually implies that profit expectations and business confidence rise, encouraging businesses to build more factories and other buildings and to install more machinery. This may lead to further growth of the economy through the stimulation of consumer incomes and purchases, i.e., via the multiplier effect.
Commercial software, or seldom payware, is a computer software that is produced for sale or that serves commercial purposes. Commercial software can be proprietary software or free and open-source software.
Foreign exchange reserves are cash and other reserve assets such as gold and silver held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve currencies, nowadays mostly the United States dollar and to a lesser extent the euro.
Consumables are goods that are intended to be consumed. People have, for example, always consumed food and water. Consumables are in contrast to durable goods. Disposable products are a particular, extreme case of consumables, because their end-of-life is reached after a single use.
Miniature conversion refers to the practice of altering the appearance of a miniature or model so as to deviate from the standard version purchased in a boxed set.
In economics, a durable good or a hard good or consumer durable is a good that does not quickly wear out or, more specifically, one that yields utility over time rather than being completely consumed in one use. Items like bricks could be considered perfectly durable goods because they should theoretically never wear out. Highly durable goods such as refrigerators or cars usually continue to be useful for several years of use, so durable goods are typically characterized by long periods between successive purchases.
A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike an intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good.
Lime plaster is a type of plaster composed of sand, water, and lime, usually non-hydraulic hydrated lime. Ancient lime plaster often contained horse hair for reinforcement and pozzolan additives to reduce the working time.
Modelling clay or modelling compound is any of a group of malleable substances used in building and sculpting. The material compositions and production processes vary considerably.
Lime mortar or torching is a masonry mortar composed of lime and an aggregate such as sand, mixed with water. It is one of the oldest known types of mortar, used in ancient Rome and Greece, when it largely replaced the clay and gypsum mortars common to ancient Egyptian construction.
Investment-specific technological progress refers to progress that requires investment in new equipment and structures embodying the latest technology in order to realize its benefits. To model the influence of technological change upon production the influence of a technological change upon the specific inputs of a production model is assessed in terms of the resulting effect upon the final good of the model.
Mastic may refer to:
Epoxy putty refers to a group of room-temperature-hardening substances used as space-filling adhesives. Exact compositions vary according to manufacturer and application. They are stored until used as two components of clay-like consistency. Kneading the two components into each other creates an exothermic chemical reaction that activates the substance for use by catalyzing an epoxide polymerisation reaction. Unlike many other types of glues, an epoxy adhesive can fill gaps and even be molded into a structural part. Some makers claim in advertising that one can drill and tap their cured products and that they quickly cure "hard as steel", though they are much weaker than steel in tensile strength and shear strength.
Sugru, also known as Formerol, is a patented multi-purpose, non-slumping brand of adhesive silicone rubber that resembles modelling clay. It is available in several colours and upon exposure to air, cures to a rubber-like texture.
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