Network of banks, discount houses, institutional investors, and money dealers who borrow and lend among themselves for the short-term (typically 90 days). (Read more: http://www.businessdictionary.com/definition/money-market.html#ixzz2Xsg0jHxv)

Exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. (source: http://dictionary.reference.com/browse/monopoly)

Modernisation theory is the theory used to explain how society evolves and progresses. This theory places a lot of emphasis on the type of modernisation

The process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest for the purpose of