What Does Geico Stand For What Does the GEICO Acronym Stand For? GEICO stands for the Government Employees Insurance Company, and when it was founded in 1936 by Leo and Lillian Goodwin. At the time, their mission was to provide auto insurance to â as you might have guessed â government employees. They did this because they were looking for a discrete group of folks with particular needs.
realism noun [U] (THOUGHT). âº a way of âthinking and âacting âbased on âfacts and what is âpossible, ârather than on âhopes for things that are âunlikely to âhappen: His âdecision not to âexpand the âbusiness âshows his âdown-to-earth realism.
Realism (international relations) Realism is an important school of thought in international relations theory, theoretically formalising the realpolitik statesmanship of early modern Europe. Although a highly diverse body of thought, it can be thought of as unified by the belief that world politics ultimately is always and necessarily a field of conflict among actors pursuing power.