Economic diversity refers to the products and services that a country produces to be consumed by its economy. Stronger economies have a variety of goods to offer. More »

Alexander Hamilton's economic plan included fiscal policies favoring wealthy groups lending the government monetary and political support. By doing this the upper class would be able to grow, thus allowing lower classes ... More »

According to textbook publisher Pearson Prentice Hall, the definition of descriptive economics is the branch of economics tasked with gathering data about the economy. Economists present this data as positive facts, whic... More »

Economic freedom refers to a condition in which a person living in a community, state or country has the right to purse economic opportunities. This condition is associated with capitalistic countries where individual op... More »

According to What Is Economics, economic development occurs when policymakers work to improve the welfare of citizens; economic growth refers to a country's increase in output of products and services. Economic growth is... More »

Economic diversity is a multidimensional concept that includes the products, workforce skills and capabilities in a local economy, in addition to how well that economy is able to compete in the global marketplace, accord... More »

Economic instability refers to a community or nation experiencing financial struggles due to inflation, consumer confidence issues, unemployment rates, and rising prices. Economic instability affects businesses' ability ... More »