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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Socialism is more than just agrarian communes: It's a principle, lifestyle and economic system that aims toward cooperative, ideal societies. But does it work?

By Alia Hoyt

The essence of capitalism is economic freedom and the belief that widespread personal wealth will lead to societal well-being. But does anyone even practice true capitalism these days?

By Julia Layton

Interest rates are simply the cost of borrowing money. But they also have a huge effect on the U.S. economy. So, who decides what the rates should be and why?

By Dave Roos

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How can the government just take over and destroy property and buildings? And why do we let them? It's called eminent domain - and it's in the Constitution.

By Charles W. Bryant & John Donovan

The Five Day Weekend began as a clever marketing campaign to drive tourism. But some people like the idea and want to make it a law.

By Josh Clark

Who are the homeless? What are the effects of homelessness on society at large? And what can we all do to help? These are a few questions explored in this article.

By Stephanie Watson

America buys goods at a high rate, so it's no wonder the U.S. is considered 'the land of plenty.' Read about the daily U.S. consumption for 12 items, including denim jeans and movie tickets.

By the Editors of Publications International, Ltd.

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Times have changed and so has the price of groceries. Gas was roughly 27 cents a gallon in 1957, so how much less did items cost at the grocery store? Check out this list of grocery store prices for 14 items in 1957, including ground beef, butter, and mil

By the Editors of Publications International, Ltd.

The Fed: It's a very mysterious part of the government. But if you own a house, have a bank account or write checks, the Federal Reserve System affects your life every day.

By Lee Ann Obringer

What goes up must come down: Periodic recessions are a natural part of any nation's economic cycle. Who decides when the economy is in recession, and on what grounds?

By Tom Harris

How does the Social Security system (in the U.S.) work? When I pay money into the system, where does my money go and where is my account kept (does some bank have the money in my account)?

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E-commerce has exploded in the last 10 years. Find out how e-commerce works and how you can harness the potential of e-commerce, from affiliate programs to CPC links.

By Marshall Brain