Noun. 1. haemopoiesis-the formation of blood cells in the living body (especially in the bone marrow). haematogenesis, haematopoiesis, haemogenesis, hematogenesis, hematopoiesis, hemogenesis, hemopoiesis, sanguification. biological process, organic process-a process occurring in living organisms.
Answer Wiki. Monetarism is an economic school of thought that is often associated with economist Milton Friedman. What monetarists believes is that the governments primary economic responsibility is to control and uphold a stable money supply.
Monetarism, school of economic thought that maintains that the money supply (the total amount of money in an economy, in the form of coin, currency, and bank deposits) is the chief determinant on the demand side of short-run economic activity. American economist Milton Friedman is generally regarded as monetarismâs leading exponent.