Free Market in Economics The free market is an economic system based on supply and demand with little or no government control. In economics, a free market is a system…
Economic Justice Economic justice about creating a successful economy that achieves sustainable growth. This means improving productivity, the measure of what we get out for what we…
State-owned Enterprise (SOE) State-owned enterprises (SOEs) are an important element of most economies, including many more advanced economies. An SOE or government-owned enterprise (GOE) is a business enterprise…
Common Ownership in Economics Common ownership is a principle according to which the assets of an enterprise or other organization are held indivisibly rather than in the names of…
Public Company Public Company is a company whose shares are traded freely on a stock exchange. It is also known as a publicly listed company, or a…
State Ownership in Economics State ownership is the ownership of an industry by the people of the state; nationalization. It is also called government ownership is the ownership of…
Municipalization Real public ownership would have to be owned by the people themselves. Municipalization is the transfer of corporations or other assets to municipal ownership. It…
Public Property Public property is a property that is dedicated to public use and is a subset of state property. It is land and other assets that…
Social Ownership In Economics Ownership is the ultimate right to control the property. Social ownership is communal ownership when it comes to mean of production. Social ownership is any of…
Corporate Capitalism in Economics Capitalism is an economic system in which private individuals or businesses own capital goods. Corporate capitalism is a capitalist market economy dominated by hierarchical and…
Mortgage Fraud in Economics Mortgage fraud has become more prevalent over time and is a particular concern during an economic recession. It refers to an intentional misstatement, misrepresentation, or…
Resource Curse The resource curse is when a country experiences the need to diversify away from an abundant, but finite natural resource. The term resource curse represents…