Total Revenue, Average Revenue, and Marginal Revenue behave differently in diverse situations.
Our need for products leave children vulnerable to child slave labor. The best thing to do is allow our awareness and compassion to override our indulgent needs for production.
Here are the top 15 things which you should keep in your mind if you are in your college and make your college life worth remembering.
Rayon is one of the most used fabric. In this article, you will learn the history of rayon, its types, manufacturing methods, properties, and how to care for rayon fabrics.
Definition of a financial conglomerate. The advantages of a financial conglomerate structure. The risk taking behaviour of some financial conglomerates and the implications to the financial system and the economy. How to minimise the risk and effectively manage financial conglomerates.
This article provides a view on the US Federal Reserve's methods to fight the economic impacts of COVID.
Analyses the economic growth in India. Describes the stumbling blocks to India's economic development. Compares India's economic growth with traditional development theory; including modernisation theory, dependency theory, the Washington consensus and the new Beijing model. .
Explains China's remarkable economic growth. Analyses China's economic development and its economic policies. Compare China's economic policies with traditional development theory, including; modernisation theory, dependency theory and the Washington consensus. Introduction of the new Beijing model.
The subject matter of economics deals with the matters that one can study in economics or the issues which are a major concern and focuses on economics as a social science. Its subject matter is changing with the phase of time and preference of people living in society.
Economics is a dynamic social science and its definition has been changing with reference to time and era of thoughts of economists. Adam Smith defined it as the study of wealth, Marshal as the study of welfare and Robbins as the study of scarcity and choice.
This article introduces informative knowledge regarding jute fibers. In this article, you will know the history of jute, its types, cultivation of jute, chemical structure, physical and chemical properties, uses, and good washing of jute fabric.
Wool is the natural fibers forming the coat of some animals. Sheep wool, cashmere, mohair, qiviut, angora, alpaca wool, llama wool, and camel wool are the most popular types of wool. In this article, you will know the properties of each type.
In this article, you will know types of cotton, a brief history of cotton, chemical structure, manufacture process, advantages, disadvantages of cotton fabrics, and how to keep cotton textiles during washing and storage.
Learn about why the decline in the “velocity of money” has been impeding economic growth for decades and why it is so important to increase movement of money to restore stronger economic growth.
This is a response to Edexcel A-level Geography Unit 3, June 2010, question 4 (b).
The UK is a member of the EU but has not adopted the Euro as its currency. To what extent do the benefits of membership of a Monetary Union such as the Eurozone outweigh the costs.
This article takes a look at how the world was like before money came into existence and the problems people faced trading without money.
This case compares the debt policy of MCI Communications with that of five other leading telecommunications companies in order to find MCI's optimal capital structure.
The belief that the water coming out after generating electricity is free from pollution, is partially true, as the molecular structure of water gets badly deformed and becomes unfit for use.
This hub is about "Kerala Model of Development"
Decreasing wealth inequality and promoting free trade are 2 polarizing issues that could both stimulate and expand our economy. I will explain how this would occur and why all should adapt and adopt.
This hub explores the common negative and positive characteristics of the transitioning process which takes place in countries moving from a central planned economy to a free market.
This hub is about "David Ricardo; Ideology and Contributions"
Australia is an urbanised country with the majority of the population living in cities. These urban centres are under urban growth and decline, this is due to a number of socioeconomic factors.
A period in which there is a reduction in the Gross Domestic Product (GDP), increase in unemployment, and decline in the economy is called a recession. The most recent recession in the United States was December of 2007 through June of 2009. It was called the Great Recession because it affected everyone in the world and had a serious effect on the global economy. During the Great Recession, the government used monetary and fiscal policy to regulate economical activities in order to stabilize the
A guide to prosumerism as a 21st century alternative to 20th century capitalism, and information on how to become a prosumer.