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Found 235 Articles for Economics
2K+ Views
For a country's economy to remain stable, the surplus or deficit budgets for a particular fiscal year must balance out. However, a surplus or deficit is not uncommon in an economy, therefore this is not always the case. These factors have an effect on national spending plans and the whole economy, including production and monetary spending patterns. The pursuit of balance connects the two ideas. What is Surplus? When there is more of a good or service available than has been consumed, we say that there is a surplus. The term is commonly used to describe the situation that occurs ... Read More
967 Views
Global economies are continually changing to accommodate new technologies. This generates fresh prospects for employment, intellectual stimulation, and economic gain. It was common practice when people seldom left their offices. However, the current climate favors those who wish to work remotely from home because of the prevalence of globally accessible internet service providers like Uber. Back in the day, employees were expected never to leave their desks. The growth of the sharing and gig economies can be partially attributed to these causes. There are numerous similarities, but this article will focus on the differences. What is a Sharing Economy? ... Read More
1K+ Views
One of our top priorities should be improving our financial stability. The fact that something is still possible despite the possibility of obstacles outside of our control does not diminish its importance. Recessions and financial crises may have many causes, such as excessive government actions, changes in the economy's structure, bad monetary policies, the collapse of the stock market, a currency crisis, a financial bubble, or the default of a sovereign nation. Knowing the meaning of terms like "recession" and "financial crisis" can go a long way toward helping us learn to avoid potentially disruptive events, even if most ... Read More
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The terms recession and inflation are commonly used in discussions of the economy. We may not be able to predict the long-term effects of economic cycles like contraction, peak, expansion, and trough, even if we experience many of them. While we can probably all agree that neither of these scenarios bodes well for the expansion of the economy, the following paragraphs will demonstrate that the causes and consequences of these two scenarios are diverse. What is Recession? The economy has slowed down as a whole as a result of the two consecutive quarterly declines in Gross Domestic Product. The economy ... Read More
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The level of economic activity as a whole will always fluctuate, resulting in what is called business cycles. It's defined as the ebb and flow of economic activity relative to a steadily rising long-term average. A country's trade, sales, employment, industrial output, and income can all be affected by these non-recurrent sequences of events. There is no set order for the four stages that make up the business cycle (contraction, expansion, peak, and trough). What is Recession? A severe decline in economic activity that persists for more than two quarters indicates this. It starts when the economy is doing poorly ... Read More
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An annuity is a contract between a client and a financial institution that guarantees the client a steady stream of payments over a certain period of time. Brokerage businesses and insurance companies are common vendors of annuities. Typically, the payments begin after the retiree has reached a specific age and last for the rest of his or her life or until the principal amount is exhausted, whichever comes first. The most prevalent types of annuities are qualified and non-qualified annuities, although there are other types as well. Although both offer investors a guarantee of principal and interest payments for a ... Read More
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Numerous market participants have an effect on the entire set of activities that constitute what is known as an economy, which consists of the production and consumption of goods and services. These can affect a wide range of industries in an economy, for better or for worse. Increases in employment and investment, decreases in poverty and government debt, and an increase in business activity are all signs of a healthy economy. In contrast, a faltering economy is marked by rising unemployment rates, expanding public debt, falling asset prices, and shrinking disposable income. We may speak of a recession when ... Read More
3K+ Views
The economy never settles into a constant state of activity. There can be positive or negative effects on economic activity depending on changes in the pricing structure, government policies, and consumer preferences. A high unemployment rate, low productivity, low wages, and low consumer demand are all possible outcomes of these problems. Contraction in the economy and falling prices might lead to disastrous results. Both terms are often used interchangeably, however, this article clarifies the key differences between them. What is Recession? Several indicators, including real income, retail and wholesale sales, gross domestic product, and industrial output, have all pointed to ... Read More
90 Views
KPI is an abbreviation for "key performance indicator, " which is a measurement that affects an organization's actions. Virtually every company uses KPIs throughout the globe. However, it's very uncommon for key performance indicators to be abandoned once a company or team grows. As a result, many business leaders have turned to a technique called Objectives and Key Results (OKRs) to assist them to stay on track. It's like comparing apples and oranges by contrasting KPIs and OKRs. Evaluation meetings often include these phrases. While there may be some overlap between the two methods, they serve quite different ends. What ... Read More
170 Views
In order to build a successful business, one must finally take control of their stock. To some extent, this may not be a huge deal in the grand scheme of things from an economic standpoint, but it is still important enough to warrant some attention. Companies might collapse if they lose track of their stock and run out of crucial items, or if they have too much of one thing and run out of another. To avoid this from happening, businesses regularly participate in inventory management and control operations. Both names have to do with stocks, but they do ... Read More