What is an economic bubble? What are its causes and effects? What are some of the notable examples of this phenomenon in history? An economic […]
Category Archives: Business and Markets
Explainer: Causes of the European Debt Crisis
The European Debt Crisis or the Eurozone Crisis was a debt crisis in the European Union that first emerged around 2008 and 2009. It involved […]
Bailout: Advantages and Disadvantages
A bailout is a colloquial term used to describe the actions and decisions involving the provision of financial assistance to a business organization, a specific […]
Causes and Effects of the U.S. Subprime Mortgage Crisis
The United States Subprime Mortgage Crisis was a financial crisis transpiring between 2007 and 2010 across the nation that stemmed from the collapse of a […]
Types of Distribution Strategies and Channels
Distribution strategies are strategic plans developed and implemented to deliver goods or services from the point of origin to end-user consumers. On the other hand, […]
Explainer: Why the United States Banned Huawei
On 15 May 2019, the Bureau of Industry and Security, an agency of the United States Department of Commerce, added the Chinese multinational technology company […]
Major Theories of Motivation
Researchers in the field of psychology, as well as in the areas of leadership and management, have explored and explained the reasons behind the motivations […]
Fiat Money: Advantages and Disadvantages
Fiat money is a type of currency without intrinsic value. Unlike commodity money or repetitive money, it does not represent a commodity that has intrinsic […]
Explainer: Friedman-Savage Utility Function
American economist Milton Friedman and American mathematician Leonard J. Savage published a paper in 1948 that introduced the theory now called as the Friedman-Savage Utility […]
Contributions of Milton Friedman: Theories and Principles
Milton Friedman was an acclaimed American economist whose contributions range from the introduction of theories and models in economics to principles and concepts in business […]