Both capitalism and the free market are interrelated concepts and actual structures that have directed the economic systems of most modern economies around the world. […]
Tag Archives: Markets
What Is Social Entrepreneurship: Definition And Discussion
There has been no consensus on the definition of social entrepreneurship and there are continuing arguments over who counts as a social entrepreneur. This is […]
Advantages and Disadvantages of Inflation
Reports about the current inflation rate are often met with pessimism. However, at a certain level, a general increase in the price of goods and […]
Difference Between Apple and Samsung: Comparing Their Strategies
Apple and Samsung are two of the largest tech companies in the world. Both are also dominant in the more specific consumer electronics industry. Their […]
Advantages and Disadvantages of Globalization
There are different views about the origins and causes of globalization. Nevertheless, regardless of how and why it emerged, it cannot be denied that this […]
Late Capitalism vs Late-Stage Capitalism: The Difference
Recent discourses about modern economic systems have included the concepts of late capitalism and late-stage capitalism in the fold. These terms often appear in opinions […]
Types of Economic Systems
Economic systems are frameworks for running economies. A particular economic system is provides a structure for production, distribution of goods and services, and allocation of […]
Factors Affecting Demand
Demand is a central concept in economics and the more specific subfield of macroeconomics. It signifies the desire and willingness of the consumer to own […]
Examples of Demand Shifters and their Effects
A demand curve is a graphical representation of the inverse relationship between the demand for a particular product and the movement or change in its […]
Examples of Supply Shifters
A supply curve is a graphical representation of the relationship between the price of a product and the quantity of such product that a producer […]