monopolistic competition
Excessive Leverage Caused 1929 Stock Market Crash and 2008 Economic Collapse Even though many years separate these two painful events the common denominator of what caused both, is the same. Back in the 1920’s you could put one dollar down and buy ten dollars worth of stock. This kind of leverage is fine when the […]
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Business and Economy – Self Employed Entrepreneur – 3 Major Rules for Well Rounded Success! In today’s business and economy, is there a risk in being self employed? Absolutely! Is there a greater benefit (financially) in being self employed? Absolutely! The fact is that nothing worth fighting for is risk free and being self
Indomitable Digitization: 5 Simple Marks on Advantages of the Digital Economy in Sub-Saharan Africa Figures show that the digital economy is becoming a large part of the global economy worldwide. In many Sub-Saharan African countries, some aspects of the digital economy have already had a huge impact on the daily life of the population. This
The Economy, Credit and Trickle Down Economics (The Ripple Effect) When people spend money, someone is effected. If you spend one dollar or one million, spending of money creates cash flow, cash flow creates jobs. The economy is driven by the exchange of goods and services and the movement of money. Even money is a
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Mutually Beneficial Voluntary Transactions in a Free Market Economy If you’ve taken any form of economics course, you have probably heard the phrase mutually beneficial voluntary transactions. As I will continue to say, however, you don’t need a degree in economics to understand its principles. Essentially they are the foundation of a free market economy.
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Imagine a Private Sector, Free Market Economy That Guarantees Enough Predictable Income,,, Imagine, if you can, a private sector oriented, free market economy which is designed to systematically guarantee that every American citizen, regardless of race, ethnicity, gender, or sexual orientation, has ENOUGH PREDICTABLE INCOME to pay for decent food, shelter, clothing, education, basic transportation,
Economic systems: 5 Factors of Production Economic systems rely on certain inputs to operate effectively. Collectively, these inputs are called the factors of production. They are the resources businesses use to create wealth. There are five factors of production: land, labour, capital, entrepreneurship, and knowledge. While knowledge is as old as humankind, it is only
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Gig Economy Understanding The Gig Economy Hearing the term Gig Economy recently caught my attention. I hadn’t given much thought to it but it is a big part of what we do as consultants in the employment agency industry. Where did this word gig originate? Musicians refer to their paid performances as gigs and really
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The Franchising Advantage – Economies of Scale Despite what anyone says about the advantages of a small enterprise, no one can deny that size does matter and the “law of bigness” is alive and well, especially in the world of franchising. Small companies have a trouble competing with franchised outlets that are large with a
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Gold Nuggets Gold Nuggets of Economic Wisdom With the Economic uncertainties in the world today, should America return to the gold standard? This controversial topic is the driving theme behind author Edmund Contoski’s book The Impending Monetary Revolution, The Dollar and Gold. Edmund, who has 45 years of experience in international markets and has conducted
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