Tag: world

What is 'Early Majority' The first sizable segment of a population to adopt an innovative technology. The early majority tends to be...

Capitalism is one of the systems of political and economic governance that is based on the idea of private ownership of modes of production...

DefinitionIn economics, specifically general equilibrium theory, a perfect market is defined by several idealizing conditions, collectively called perfect competition. In theoretical models where conditions...

The current state of the economy The current state of the economy is a mixed bag. On the one hand, unemployment rates are at historic...

Define Economic Capital Economic capital refers to the money that a business or individual has available to invest in new ventures or cover unexpected expenses....

What Is Earned Premium? Earned premium is the amount of money that you pay to the insurance company that they have earned from you. But...

What is 'Eco-Communalism' An economic/environmental philosophy focused upon local economies, sustainability and self-sufficiency. Eco-communalism is centered upon the belief that many self-sufficient...

DefinitionFacebook Credits was a virtual currency that enabled people to purchase items in games and non-gaming applications on the Facebook Platform. One U.S. dollar...

DefinitionThe Community Chests in the United States and Canada were fund-raising organizations that collected money from local businesses and workers and distributed it to...

What is 'Half-Life' Half-life represents a date in the future when half of the total principal of a mortgage-backed security (MBS) will...