Economic factors comprise the information that influences the value of an investment or business. When you are calculating the present and anticipated future value of an investment portfolio or a business, the economic factors are what you bear in mind. The primary economic factors are management, t
Non-economic goods are goods or services that are plentiful and free. Air and dirt are considered non-economic goods since they are neither scarce nor valuable.
The basic factors affecting demand economics are the quantity of a good or service consumers are willing to purchase and the price of the good or service. Other factors that influence demand economics include the price of complementary goods needed along with the good or service in question, the dis
An economic good is a physical object or service that has value and can be sold; some examples include bananas, toys, haircuts and cars. Sometimes a distinction is made between tangible products, simply called goods, and intangible services.
Economic well-being is a person's or family's standard of living based primarily on how well they are doing financially. Economic well-being is measured by the government to determine how their citizens are faring, as it is integral in a person's overall well-being.
Economic rights are part of a range of legal principles based on the philosophy of human cultural and social obligations in which economic equality and freedom are preserved. Economic and social rights are granted to Americans fulfilled by the government in an effort to ensure that citizens have the
Economics and economic education are important for providing people with valuable insight into how foreign and domestic markets operate, which allows them to make reasoned and rational choices for short-term and long-term financial benefits. Studying economics also allows people to learn how to mana
Home economics is the field of study dealing with the management of the home and its place in the broader community. In the past, home economics, known to many simply as home ec, was strictly concerned with traditional homemaking and taught only to girls. Today, the field encompasses a broader range
Economics is a good major because of the wide range of career opportunities available to graduates. Many of the skills learned during an economics major can also be applied to other areas of life, including business and personal life.
France's tax system, the cost of foreign wars and the personal court expenditures of Louis XVI were all important contributing factors to the French Revolution. France's economic instability gave rise to a system in which the wealthy elite evaded taxes and lived in luxury while the highly-taxed poor