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Just getting started in economics? This is your place to cover the basic economic principles, the key building blocks you'll need to put together...
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Supply & Demand. It's a simple enough graph, basically just two lines crossing in the shape of an X. But that humble graph of supply and deman...
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There's more than one way for a society to organize its economy. Maybe everyone simply follows tradition, following pretty much the same economic...
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What is money? You might never have thought much about it before, but the question is more interesting than you might think. (And the answer is a...
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What are corporations? And what's the
difference between a corporation and other types of businesses? Once
you master those basics,...
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If you have a job, how much do you get paid? How much should you get paid? Who (or what) should determine your wages?
This is the place if you w...
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Taxes.
Nobody likes them. Everybody pays them. But do you really understand them?Read on for our breakdown of the entire US tax system: How do fede...
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People like to talk a lot about "the free market," but the truth is that, even in the United States, the government influences the economy in many...
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International trade has always played a key role in American economic success, ever since the colonial settlers at Jamestown started shipping tobac...