Tag: society

What is 'Keidanren' A Japanese abbreviation for the Japan Federation of Economic Organizations. The Keidanren was created in 1946 to address the...

What is the old economy The old economy is an economic system that is based on traditional industries such as manufacturing and agriculture. This system...

Who was 'Karl Marx' Karl Marx was a philosopher and economist famous for his ideas about capitalism and communism. Marx, in conjunction...

What is 'Old Lady' An eighteenth century nickname for the Bank of England. The full name is the Old Lady of Threadneedle...

What is Macromarketing Macromarketing is a term coined by marketing professor Philip Kotler that refers to the study of marketing decisions and activities that affect...

The Scarcity Principle, like other principles of economics, comes from the principles of psychology and behavioral sciences. As per the simplest definition, it states...

Beta (beta coefficient or β) is a finance term that represents risk of a financial instrument. In simple terms, it is a numerical value...

DefinitionCrony capitalism is an economy in which businesses thrive not as a result of risks they take, but rather as a return on money...

What is 'Canadian Institute Of Actuaries - CIA' The Canadian Institute of Actuaries, or CIA, is an organization of the actuarial profession...

What is 'Paraplanning' A relatively new position within the financial planning industry that involves the performance of the administrative duties of a...