Ratchet Definition

Ratchet meaning: 1. A part of a machine that allows movement in one direction only. It is usually a wheel with.

The ratchet effect first came up in Alan Peacock and Jack Wiseman's work: The Growth of Public Expenditure in the United Kingdom. Peacock and Wiseman found that public spending increases like a ratchet, following periods of crisis. Fat princess piece of cake hack. Similarly, governments have difficulty in rolling back huge bureaucratic organizations created initially for temporary needs, such as during times of armed conflict or economic crisis. The governmental version of the ratchet effect is similar to that experienced in large businesses that add myriad layers of bureaucracy to support a larger, more complex array of products, services, and infrastructure to support it all. The ratchet effect can also impact large-scale firm's capital investments. For example, in the auto industry, competition drives firms to be constantly creating new features for their vehicles. This requires additional investment in new machinery, or a different type of skilled worker, which increases the.

Once an auto company has made these investments and added these features, it becomes difficult to scale back production. The firm cannot waste their investment in the physical required for the upgrades or the human capital in the form of new workers. The ratchet effect impacts how companies spend capital. In the automobile industry, for instance, competition drives car makers to constantly incorporate new features and twists on previous models. Once the company has invested in the machinery and personnel to produce the newer versions of their cars, they can't scale back production and fall behind the competition, as this would waste previous investments. Concurrently, pressures from the consumer market are also demanding newer and better models at cheaper prices.

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ratchet¹

ratch·et¹

(răch′ĭt)n.

1. A mechanism consisting of a pawl that engages the sloping teeth of a wheel or bar, permitting motion in one direction only.

v.ratch·et·ed, ratch·et·ing, ratch·ets

v.tr.

To cause to increase or decrease by increments: tried to ratchet up interest in the program.

v.intr.

[French rochet, from Old French rocquet, head of a lance (from the shape of the teeth), of Germanic origin.]

ratch·et²

(răch′ĭt)n.

A dance featuring ratcheting movements of the arms bent at the elbows.

adj.Slang

[From ratchet (the dance being introduced in the recording 'Do the Ratchet' (1999) by American rapper Anthony Mark 'Mr. Mandigo' Mandigo (born 1975) ).]

ratchet

(ˈrætʃɪt) n

1. (Mechanical Engineering) a device in which a toothed rack or wheel is engaged by a pawl to permit motion in one direction only

2. (Mechanical Engineering) the toothed rack or wheel forming part of such a device

3. (Mechanical Engineering) to operate using a ratchet

4. (usually foll by: up or down) to increase or decrease, esp irreversibly: electricity prices will ratchet up this year; Hitchcock ratchets up the tension once again.

[C17: from French rochet, from Old French rocquet blunt head of a lance, of Germanic origin: compare Old High German rocko distaff]

ratch•et

(ˈrætʃ ɪt)
n. 1.

a. a toothed bar or wheel with which a pawl engages.

c. a mechanism consisting of such a bar or wheel with the pawl.

v.t., v.i.

2. to move by degrees (often fol. by up or down).

[1650–60; alter. of French rochet; Middle French rocquet a blunt lance-head < Germanic]

Noun	1.	ratchet - mechanical device consisting of a toothed wheel or rack engaged with a pawl that permits it to move in only one direction rachet, ratch mechanical device - mechanism consisting of a device that works on mechanical principles detent, pawl, click, dog - a hinged catch that fits into a notch of a ratchet to move a wheel forward or prevent it from moving backward ratchet wheel - toothed wheel held in place by a pawl or detent and turned by a lever ratchet screwdriver, spiral ratchet screwdriver - a screwdriver with a ratchet (so the blade turns in only one direction) and a spiral in the handle (so the blade rotates) with downward pressure on the handle
Verb	1.	ratchet - move by degrees in one direction only; 'a ratcheting lopping tool' advance, march on, move on, progress, pass on, go on - move forward, also in the metaphorical sense; 'Time marches on'

ratchet

[ˈrætʃɪt]

B.CPDratchet wheelN → ruedaf de trinquete

A.VT + ADV → incrementar

ratchet

[ˈrætʃɪt]n → cliquetm
ratchet wheel → rouef à rochet

ratchet

n → Ratschef; ratchet wheel → Sperrradnt; it is one more ratchet in the cycle of violence that exists here → das ist eine weitereDrehung der Spirale der Gewalt, die hierexistiert

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Ratchet Definition