What is Insurance? Represented in a form of policy, Insurance is a contract in which the individual or an entity gets the financial protection in other words reimbursement from the...
WHAT IS PUBLIC FINANCE? In simple layman terms, public finance is the study of finance related to government entities. It revolves around the role of government income and expenditure in...
Study shows that developing economies are catching up with developed economies in ease of doing business. Still, the gap remains wide. An entrepreneur in a low-income economy typically spends around...
By the end of this section, you will be able to: The underpinnings of economic growth are investments in physical capital, human capital, and technology, all set in an economic...
A market economy is a system where the laws of Supply and Demand directly the production of goods and services. Supply includes natural resources capital, and labor. Demand includes purchases by consumers,...
