Browsing: Economics

Economic Cost

Economic Cost

What Is Economic Cost? Economic cost goes beyond the pure monetary value of a course…

  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Cottage Industry

Cottage Industry

Cottage Industry Definition Cottage industry best refers to the homemade production of manmade physical items…

  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Money Supply

Money Supply

What is the Money Supply? The money supply is the stock of money in the…

  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Budget Surplus

What Is Budget Surplus? A budget surplus is a rare financial state where a government’s…

  • 1
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Economic Contraction

Economic Contraction

What is an Economic Contraction? An economic contraction is a slowdown of economic activity and…

  • 1
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Economic Interdependence

Economic Interdependence

What is Economic Interdependence? Economic interdependence is when people rely on others to provide the…

  • 1
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •