What Is A Market Economy?
The interplay of supply and demand influences the decisions regarding investment, production, and distribution in a market...
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?
Economic activity is controlled by a central authority and the means of production are publicly owned in a command economy.
Important Facts About The Economy Of Canada
Canada is one of the world's wealthiest nations, and has an economy that is dominated by its service industries.
Important Facts About The Economy Of Iran
Iran has a mixed transition economy that is dominated by oil and gas production and has a large public sector.
What Does Classical Economics Mean?
Often referred to as Liberal Economics, this ideology promotes limited government control and action in the marketplace.
What Is A Traditional Economy?
Traditions, customs, and beliefs determine the goods and services the marketplace demands in a traditional economy.
The Economy Of Turkey
Turkey, one of the world's newly industrialized countries, has an emerging market economy.
The "Next Eleven" Leading Economies In The World
11 countries have been recognized as having the potential of joining some of the world's largest economies in the 21st Century.
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
Saudi Arabia has a predominantly petrochemical-based economy, wherein most major economic activities are under tight governmental control.
Countries Leading the World in Cashless Transactions
In many developed countries across the world, residents rely more heavily on cashless, E-money transactions than traditional currency.
What Is Behavioral Economics?
Various factors influence economic decisions, including non-rational ones such as heuristics & stereotype-based framing.
What Was The Commercial Revolution In Pre-Modern Europe?
As new trade interests developed following the Crusades, European markets experienced an evolution in goods and distribu
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 is a nation with a large upper middle class, the 39th largest economy globally, and also one of the world’s fastest growing economies.
India Makes History With Shock Currency Demonetization To Curb Corruption In The Country
The Indian Government implemented a sudden ban on 500 Ruppees and 1,000 Rupees currency notes to protect the country from corruption.
What Is Economic Geography?
Economic geography looks at where economic activities occur, and how they vary by location and interact between places.
Biggest Oil Companies In The World
With an annual revenue of $465.49 billion USD in 2017, the Saudi Aramco of Saudi Arabia is the world's highest-earning oil company.