everything that matters
Capitalism is ranked as an economic system in which industry and trade and also the means of production are most commonly or entirely owned by private enterprises and individuals who operates for profits. The central aspects of capitalism includes competitive markets, capital accumulation and wage labor. In a capitalist economy, the parties to a transaction … Read more
Cost Benefit Analysis, popularly known as CBA is a tool for estimating the total money value incurred accumulating the benefits and costs together in a particular project. It is essential to evaluate CBA in order to get a clear idea on whether it is worthwhile to attend or not. CBA can be used in any … Read more
Benefits of Alternative Energy Alternative energy or renewable energy sources offer many benefits. They can create employment opportunities and thus encourage economic development, particularly in remote areas. If used for diversifying utility sources of energy, alternative energy can offer an answer to the increasing fuel prices. Other benefits of alternative energy are listed in the … Read more
Benefits of Regional Economic Integration Regional economic integration refers to the agreement amongst countries within a certain geographic area for reducing and ultimately removing tariff barriers, making sure there is better flow of services or goods through the respective nations. The following article takes a look at the benefits of regional economic integration. 1. Enhanced … Read more
Benefits of Congress Due to the current economic crisis brought about by the unprecedented recession, the congress has set up schemes that enable certain folks to receive unemployment benefit after they have exhausted their minimum benefits. These benefits are often awarded to people who are unemployed but are looking for job opportunities. Let’s discuss some … Read more
Benefits of Economic Value Added Economic value added typically refers to value returns in monetary terms. It is the difference between the invested capital and the Net Operating Profit after Tax. Before buying stocks, it is imperative that you analyze the market value of that stock. 1. Indicates your company’s worth Economic value added can … Read more
Benefits of Economic Development Economic development refers to the enhancement in GDP and several other factors such as the improvement in average earnings of the people in a nation. Whenever a country’s GDP increases, it means that economic development has occurred, which is very beneficial to that country and its people. Further below are benefits … Read more
Benefits of Economic Globalization Economic globalization refers to disseminating technologies, notions and practices across the world. This has led to de-localization as well as the rise of multinational corporations. Economic globalization offers numerous benefits as illustrated below. 1. Increased liquidity Economic globalization encourages free trade, which usually involves an increase in cash flow. An increase … Read more
Benefits of Urbanization Urbanization is defined as the movement of people to urban areas which results to growth of urban centers. Although urbanization has numerous social and economic benefits, it also has its share of disadvantages as well. 1. Increases food production Food consumption may change due to high demand as a result of urbanization. … Read more
Benefits of Economic Sanctions Economic sanctions are usually imposed by a particular country against another for cutting off business and trade relations like export and import of items as well as financial loans. These sanctions also represent an effective foreign policy method which is set up when a country differs with another nation’s mode of … Read more
