Consumer Economics: What is the Market Absorption Rate?

Consumer Economics: What is the Market Absorption Rate? In school, some students avoid economics because they might feel as though the lessons have little-or-no application in the real world. ¬†Unfortunately, this is usually not actually the case. Economics concepts play many roles in our daily lives – and if we can understand how these concepts … Continue reading Consumer Economics: What is the Market Absorption Rate?

Q. Pure Capitalism Out with Free Market?

**This questions was posed in our forum originally** Wonder if you can help with this please. I am currently thinking that pure capitalism is where production is owned by private companies that are free from government intervention in regards to investment, pricing, product and growth etc. (i.e. function in a free market). If this is … Continue reading Q. Pure Capitalism Out with Free Market?