Obsolescence (what is it, how is it generated, planned obsolescence)
The word obsolescence emanates from the Latin, "obsolescens", which translates as "something is d...
Monopsony (definition and applications)
The monopsony, is a term that is frequently heard when talking about microeconomics, of the marke...
Lorenz curve (applications)
The Lorenz curve is an illustration model that allows visualizing the relative distribution of a ...
Per Capita Income (how it is measured and importance)
The term rent per capita It is one of those terms repeated by politicians and economists incessan...
What is a Banking Pool?
Banking Pool It is a recurrent term used in the financial field, specifically every time a loan o...
What is the Sales Potential of a Market?
Companies often make sales projections to determine their production levels and, therefore, their...
Aggregate supply (definition, factors and components)
The offer added refers to the production that companies are willing to sell based on an average p...
Public finances (what they consist of, why are they necessary)
The Public finances They are part of the economy that are in charge of the way governments do the...
Caudillismo (definition, characteristics, types and consequences)
The warlordism refers to the regime or government led by a caudillo. It was a historical epoch th...
Economic Cycle (what is it, phases, duration and types)
The economic cycle It is a phenomenon that belongs to the variations that are repeated in the gro...