Economics

Cash Crop is a crop that is grown mainly to be sold, rather than used by the people who grew it or those living in…

Linder Hypothesis is a terms of economics, which was proposed by Staffan Linder in 1961. It suggests countries will specialize in the production of certain…

This article describe about International Factor Movements, which occur in three ways: immigration/emigration, capital transfers through international borrowing and lending, and foreign direct investment. It…

Wage Insurance is usually proposed as a response to outsourcing and the effects of globalization, although it could equally be proposed as a response to…

Absolute Advantage can be hard to measure for many complicated goods, because there are many different factor inputs. It is the ability of a country,…

This article talks about New Economy, which was thought that former business valuation techniques were invalidated by the resulting fast changing business environment. It supports…

Agronomics (or Agricultural economics) plays a role in the economics of development, for a continuous level of farm surplus is one of the wellsprings of…

Libertarian Marxism is one of the main currents of libertarian socialism. It refers to a broad scope of economic and political philosophies that emphasize the…

This article talks about Valorisation, which provide for the maintaining of the value or price of by a government’s purchasing the commodity at the fixed…

Superprofit is a concept in Karl Marx’s, which is excess of the actual profit of an enterprise over the amount necessary to pay interest at…

Relations of Production allows one to understand both the state and the market as two different forms of expression of capitalist relations and thus a…

This article describe about Exploitation of Labour, which is what occurs when an employer pays laborers less than their labor is worth. It actually refers…