What Is A Market Economy?

What Is A Market Economy?

The interplay of supply and demand influences the decisions regarding investment, production, and distribution in a market economy.

The Economy Of Bangladesh

The Economy Of Bangladesh

According to the IMF, the Bangladeshi economy was the second fastest growing major economy of 2016, expanding at an annual growth rate of 7.1%.

What Is A Command Economy?

What Is A Command Economy?

Economic activity is controlled by a central authority and the means of production are publicly owned in a command economy.

The Economy Of Turkey

The Economy Of Turkey

Turkey, one of the world's newly industrialized countries, has an emerging market economy.

What Was The Price Revolution?

What Was The Price Revolution?

Between 1450 and 1600, prices of goods in Western Europe rose by ~500% as precious metals, spices, and fabrics poured in from both the New World and...

The Economy Of Saudi Arabia

The Economy Of Saudi Arabia

Saudi Arabia has a predominantly petrochemical-based economy, wherein most major economic activities are under tight governmental control.

What Is Behavioral Economics?

What Is Behavioral Economics?

Various factors influence economic decisions, including non-rational ones such as heuristics & stereotype-based framing.

Mexico: Exports And Imports

Mexico: Exports And Imports

Mexico, an upper middle-income nation, is the world's 12th largest export economy and the 14th largest importer.

Peru Exports And Imports

Peru Exports And Imports

Peru is a nation with a large upper middle class, the 39th largest economy globally, and also one of the world’s fastest growing economies.

The Richest Countries In Africa

The Richest Countries In Africa

Nigeria, Egypt, and South Africa are three of the largest economies in Africa, a continent with some of the world's poorest nations.