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There are lots of factors at play: cultural trends, politics, celebrity influence.

One one of the most surprising factors to influence the cycle of fashion, though, is the state of the global economy. When money's tight, fashion is one of the indulgences a consumer will sacrifice to save money. During tougher times, if you need new clothes, the focus is less on passing fads and more on classic, quality pieces worth the expenditure because they'll (which also aids in cutting down cost per wear).

Small splurges, like lipstick, increase in sales during economic downturns because more expensive indulgences become unrealistic.

) a political movement based upon the writings of Marx that considers history in terms of class conflict and revolutionary struggle, resulting eventually in the victory of the proletariat and the establishment of a socialist order based on public ownership of the means of production Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. 1979, 1986 © Harper Collins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012 Cite This Source (itself from French), in Marx and Engels' "Manifesto of the Communist Party." Cf. In some cases in early and mid-20c., a term of abuse implying anti-social criminality without regard to political theory.

Rather, the paper suggests that the rapid progress made over the past 250 years could well turn out to be a unique episode in human history. The paper is about "how much further could the frontier growth rate decline?

The paper is only about the United States and views the future from 2007 while pretending that the financial crisis did not happen. " The analysis links periods of slow and rapid growth to the timing of the three industrial revolutions (IR's), that is, IR #1 (steam, railroads) from 1750 to 1830; IR #2 (electricity, internal combustion engine, running water, indoor toilets, communications, entertainment, chemicals, petroleum) from 1870 to 1900; and IR #3 (computers, the web, mobile phones) from 1960 to present.

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Economist George Taylor was the first to notice the correlation between fashion and the economy; he developed the “Hemline Theory” to describe his findings.

] stands for a state of things, or a striving after it, that differs much from that which we know; & for many of us, especially those who are comfortably at home in the world as it is, they have consequently come to be the positive, comparative, & superlative, distinguished not in kind but in degree only, of the terms of abuse applicable to those who would disturb our peace.

[Fowler] An economic and social system envisioned by the nineteenth-century German scholar Karl Marx.

In theory, under communism, all means of production are owned in common, rather than by individuals (see Marxism and Marxism-Leninism).

In practice, a single authoritarian party controls both the political and economic systems.

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