by TheBusinessProfessor | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
What is the Code of Laws of the United States?The Office of the Law Revision Counsel of the U.S. House of Representatives codifies and consolidates the general and permanent federal statutes of the United States by its subjects in order to simplify the reading of the...
by TheBusinessProfessor | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
What is Capitalism?Capitalism is an economic system that is based on private ownership of businesses and factors of production. The defining characteristic is that all the means of production are owned and controlled by private individuals. This is in contrast to a...
by TheBusinessProfessor | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
What is Communism?Communism is an economic system whereby all means of production and output by members of a society are owned by the community and (generally) controlled by the Government. Communism vs CapitalismThe Communist ideology is contrary to liberal...
by TheBusinessProfessor | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
What is the Department of Commerce?The Department of Commerce is a cabinet-level department of the United States government working to create economic growth and opportunity in the United States. To support this mission of advancement and growth, the DOC has adopted...
by TheBusinessProfessor | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
What is the U.S. Bureau of Engraving and Printing?The U.S. Bureau of Engraving and Printing (BEP) is a government agency that designs, develops and produces paper currency and treasury securities in the United States. This agency is responsible for producing a range...
by TheBusinessProfessor | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
What is the Freedom of Information Act?The Freedom of Information Act is a United States Federal law that allows individuals the right to make public record requests from governmental (and some quasi-governmental) entities.
