Category: Economics

If you’re planning to buy a home but don’t have enough cash, you can always apply for a loan. Loans come in handy if you plan on buying a property. When it comes to real...
Planning on buying a new house or a new car? If you are, then you should know the importance of a credit score or a FICO score. These are the scores that banks or lenders...
Money market and savings account are interest-bearing accounts that help people manage and grow their funds. However, they each have unique features that make them applicable for specific purposes. Summary Table Money Market Savings Account...
Hedge funds and private equity funds are alternative types of investments that can strengthen and diversify an investor’s portfolio. But while they offer ways to generate profit, there are factors that draw a line between...
As similar as the two may be in terms of wealth accumulation, both economic systems have several differences that significantly distinguish one from the other. Summary Table Mercantilism Capitalism Accumulate wealth for the country with...
We often see the terms “GDP” and “GNP” on the news or on the paper, but many of us still do not know what they mean or what their difference is. Sure, they were taught...