by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Conscious Capitalism?Conscious capitalism is an economic system which builds on the foundations of capitalism (free markets and private ownership of production) but also follow a business strategy that aims to support both people and the environment...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a Contractionary Monetary Policy?Contractionary policy is a type of monetary measure which maintains higher than usual short-term interest rates, or which reduces or even shrink the rate of growth in the money supply. This reduces economic growth in the short...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the American Recovery And Reinvestment Act?The American Recovery and Reinvestment Act (ARRA) of 2009 is a federal law passed by the U.S Congress to provide relief to American families after the Great Recession of 2008. ARRA is otherwise called the Recovery...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Collaborative Economy?A collaborative economy is a type of economy where consumers rely on one another for the satisfaction of their needs. This means consumers are able to get what they need from one another. A collaborative economy is otherwise known as...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What are Development Economics?Development economics is a field of economics that focuses on improving the economic and social status of local communities and developing nations. This branch of economics pays attention to the quality of life, quality education, health...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Boom And Bust Cycle?A boom and bust cycle refers to a series of fluctuations in an economy in which there are persistent expansion and contraction of the economy. Boom and bust cycles affect different sectors and industries in an economy, for instance,...
