ECONOMIC CONCEPTS

Economic concepts are widely used but not always defined clearly. Read up on the nature of capitalism, learn how much power the Fed really has and more.
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What is the Strategic Petroleum Reserve?

I've heard a lot in the news lately about the Strategic Petroleum Reserve. What is the reserve, and how does the United States use the reserve? How much oil is held there, and how can a lot of oil be stored?

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  • 10 Boom Towns that Went Bust

    10 Boom Towns that Went Bust

    Some places rise in a blaze of glory, growing and flourishing to become the envy of the world. Other towns seem destined for success -- until their luck runs out. See more »

  • 10 Costly Food Recalls

    10 Costly Food Recalls

    We can't live without food. But sometimes instead of nourishing our bodies, it can actually kill us. And it's no cheap (or easy) task to get that food off the market. These are 10 of the biggest food recalls in history. See more »

  • 10 Signs the Economy Is Improving

    10 Signs the Economy Is Improving

    According to some economists, the most recent U.S. recession ended in June 2009, but why can't we see it? It may surprise you to learn that the economy is showing signs of life, and here are 10 of the most vital. See more »

  • 10 Unforeseen Effects of Deregulation

    10 Unforeseen Effects of Deregulation

    Remember when airlines served full meals or when you could hear your favorite up-and-coming band on mainstream radio? Those days are gone thanks to governmental deregulation. Here are a few other effects of deregulation that we didn't see coming. See more »

  • Advantages of E-commerce

    Advantages of E-commerce

    E-commerce, or shopping online, offers advantages for both consumers and retailers. See how to make the most of online shopping. See more »

  • Can the government control a stock market crash?

    Can the government control a stock market crash?

    In a free market economy, the law of supply and demand dominates. But if the economy is in a downward spiral, could the government really save it? See more »

  • Fact or Fiction: The Great Depression

    Fact or Fiction: The Great Depression

    Are today's economic woes going to spiral us into another one? We wouldn't touch that issue with a 10-foot pole, frankly -- so we're just going to stick with history for this quiz. Can you separate Great Depression fact from fiction? See more »

  • Gentrification Quiz

    Gentrification Quiz

    There goes the neighborhood. When wealthy interlopers start building luxury condos and juice bars in formerly gritty and eclectic neighborhoods, tensions can get high. Test your knowledge of the gentrification process with this quiz. See more »

  • Has the free enterprise system prevailed?

    Has the free enterprise system prevailed?

    Free enterprise means unfettered industry powered by profit-focused individuals. But after the labor and finance abuses of the Gilded Age, many people felt the men at the top got too much of the pie. Where are we now? See more »

  • How Bartering Works

    How Bartering Works

    Imagine a world without cash or credit cards. You'd barter to get what you need and want. Today, people and businesses are still trading goods and services. But can these cash-free transactions be taxed? See more »

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