Business Acumen Business acumen is keenness along with speed in understanding and selecting a business situation. The term “business acumen” can be broken down literally as being…
Social Division of Labor Social division of labor, one of each aspects of the division of labor, is the societal structural foundation of the specialized commodity output divided between…
Corporate Republic Corporate republic is a theoretical form of government occasionally hypothesized throughout works of scientific disciplines fiction, though some historical nations for example medieval Florence might…
Commodity Money Commodity Money is using a specific commodity as a variety of money. Commodities such as silver and gold have been used for years as a…
Private Currency Private Currency is the units of benefit issued by non-public companies or businesses. A private currency is normally issued by an exclusive firm or group,…
Trading Card The trading card is a small card, usually made from paperboard or solid paper, which usually contains an image of a selected person, place or…
Division of Labor Division of Labor is the narrow specialization of tasks in a production process to ensure each worker can become a specialist in doing a very…
Surplus Labor Surplus labor is a concept used by Karl Marx in his critique of political economy. It means labor performed more than the labor important to…
Labor Theory of Value Analysis Labor Theory of Value is an economic theory that stipulates that this value of a great or service is determined by the labor found in…
Community Currency Community currency try to answer specific social needs. Community currencies usually are complementary currencies limited to a specific group. A Community currency is a variety…
Time Based Currency Time Based Currency is a currency whose value is based on one man-hour regarding labor. A time-based currency is usually an alternative form of currency…
Mutual Fund Mutual Fund is an investment vehicle that comprises a pool of funds collected through many investors when it comes to investing in securities for instance…