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Free Market Economy: 14 advantages and 13 disadvantages

Understanding the advantages and disadvantages of the free market economy can help people make better decisions.

50 Hierarchy of Needs Examples in real life

Maslow's hierarchy of needs pyramid is a theory that is still alive and is used by different branches of science such as marketing in order to meet the needs of customers.

Tertiary Economic Activities: 100 Examples

More than 100 examples of the tertiary sector, also known as the service sector, consists of the provision of services rather than the production of goods.

𝟮𝟬 𝐂𝐡𝐚𝐫𝐚𝐜𝐭𝐞𝐫𝐢𝐬𝐭𝐢𝐜𝐬 of 𝐂𝐚𝐩𝐢𝐭𝐚𝐥𝐢𝐬𝐦 and 10 𝐄𝐱𝐚𝐦𝐩𝐥𝐞𝐬

Capitalism is one of the most important social phenomena in history and today, let's look at some of its most interesting characteristics.

8 Characteristics of Adam Smith's Invisible Hand

This article covers the role of self-interest, decentralization, division of labor, unintended consequences and potential drawbacks of the Invisible Hand.

10 Examples of Adam Smith's Invisible Hand

This article explains with several examples from everyday life the concept of the invisible hand applied to everyday life.

10 Examples of the Division of Labor

This article discusses different points of view with examples to understand the application of the concept of division of labor in daily life.

80 Examples of Secondary Economic Activities

Discover the importance of Secondary Economic Activity in today's global economy. From manufacturing and construction to technology and innovation, explore how this sector contributes to the growth and development of businesses and societies around the world.

Heckscher-Ohlin Model: Concept, examples, features

In this article we will discover the concept of the Heckscher-Ohlin Model, practical examples, its characteristics and criticisms.

Substitute Goods: Concepts, Examples, Types, etc.

This article will explore the different concepts of substitute goods, practical examples, their characteristics and the different types of goods that exist.

30 Examples of Primary Economic Activities

This article is essential reading for anyone interested in understanding the importance of primary economic activities with clear and precise examples.

6 Types of Forex Markets

A well-detailed explanation of the different types of currency markets that exist today, with examples.

9 Foreign Exchange Market Functions

Here we explain 9 essential functionalities in which experts use the foreign exchange market.

12 Examples of Economic Cycles in History

From the United States, through Canada, Chile, to Spain, Germany, Japan and Italy; these are some of the examples where economic cycles are reflected in history.