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The economic pursuits of the Spanish and Portuguese empires ushered in the era of the Atlantic Slave Trade. In the fifteenth century, Portugal shifted its attention to the latter economic endeavor. Their ships sailed from the borders of the Sahara desert to the entirety of the West African coast.
The Curriculum Open-Access Resources in Economics Project (CORE Econ) is an organisation that creates and distributes open-access teaching material on economics. The goal is to make teaching material and reform the economics curriculum. [ 1 ]
Business Studies is taught at the higher secondary level (Class 11 and 12) for students who have taken the Commerce Stream subject. According to the Central Board of Secondary Education, Business Studies is a compulsory subject for Commerce Stream along with Economics and Accountancy students. At the state board, the subject code for Business ...
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
In economics, the profit motive is the motivation of firms that operate so as to maximize their profits.Mainstream microeconomic theory posits that the ultimate goal of a business is "to make money" - not in the sense of increasing the firm's stock of means of payment (which is usually kept to a necessary minimum because means of payment incur costs, i.e. interest or foregone yields), but in ...
The vision of this project is to improve every economics article substantially so that every article reaches the level of quality of a Featured Article. The aspiration of this project is to make Wikipedia an authoritative guide to economics. Vehicles for discussion include relevant sections below and at Wikipedia talk:WikiProject Economics.
Since the publication of Men at Arms, others have also made reference to the theory.. In 2013, an article by the US ConsumerAffairs made reference to the theory in regard to purchasing items on credit, specifically regarding children's boots from the retailer Fingerhut; a $25 pair of boots, at the interest rates being offered, would cost $37 if purchased over seven months. [7]
Degrowth is an academic and social movement critical of the concept of growth in gross domestic product as a measure of human and economic development. [1] [2] [3] The idea of degrowth is based on ideas and research from economic anthropology, ecological economics, environmental sciences, and development studies.