Economics

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Junk bonds are far riskier than other types of bonds. Image credit: picpedia.org

What Is A Junk Bond?

Junk bonds are bonds for corporations that carry a much higher risk of default. Therefore, these investments can be incredibly risky.

June 2, 2020 08:00

We live in a world where everything revolves around private ownership and the uncontrollable spending of natural resources

Is Capitalism Doomed To Fail?

In a world where everything revolves around private ownership and the uncontrollable spending of natural resources, we can not help but worry about the sustainability of this economic system. 

June 1, 2020 18:00

The largest trading partners of the United States are China, Canada, Mexico, Japan and Germany.

How Many Countries Does The US Trade With?

The economy of the United States of America is highly developed and extremely diverse. If we look at the nominal GDP, it is considered to be the world’s largest economy.

May 27, 2020 08:45

It is possible that in the future the price of oil will become more elastic as green technology and public transportation options improve around the world. Photo by Maarten van den Heuvel on Unsplash

What Does Inelasticity Mean?

Elasticity and inelasticity are economic terms used to describe how sensitive a good or service is to price fluctuations.

May 23, 2020 16:26

Oil prices went negative for the first time in history. Photo by WORKSITE Ltd. on Unsplash

Why Were Oil Prices Negative?

COVID-19 and a price war between Russia and Saudi Arabia resulted in oil prices diving into negative territory.

May 23, 2020 16:25

Kylie Jenner is the world's youngest Billionaire at the age of 23

The Youngest Billionaires In The World

While there are over two thousand billionaires in the world, only forty seven of them are under the age of forty. Read through to find out who the ten youngest billionaires are.

May 12, 2020 11:44

image source: Shutterstock

Countries With Highest-Paid Doctors

Medical school in the United States can cost upwards of $50,000, it would only be natural that they have some of the highest-paid doctors in the world.

May 11, 2020 17:09

Stock market crashes can have highly detrimental effects on the economy.

What Was Black Monday?

It has been almost 100 years since this first Black Monday occurred, and it set off the 1929 stock market crash.

May 5, 2020 08:34

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