Fri, September 30, 2022

Education

Economy and important details

Market Economy or Command Economy, Which One is Better?

Market economies, as well as command economies, have their advantages and disadvantages. It is important to learn more about them. First of all, they occupy two polar extremes in the organization of economic activity. It is worth noting that primary differences lie in the division of labor, or factors of production, and the mechanisms that …

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Russia and its oligarchs

Why Some Rich People Are Called Oligarchs

Even before the war in Ukraine, many people knew at least something about Russian oligarchs. Since Russia’s invasion of Ukraine, many governments imposed various sanctions on them. Let’s learn more about the situation.  People should keep in mind that the term “oligarch” derives from “oligarchy”, which is a system of government in which a small …

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Facebook and its business empire

Facebook (Meta) Earns a Lot of Money, But How?

Last year, Facebook Inc. changed its name to Meta. Facebook’s parent company Meta Platforms Inc. primarily earns money by selling advertising space on its various social media platforms. Its platforms include websites and mobile applications that allow users the ability to connect and communicate with family and friends.  Meta’s business empire includes a world-famous social …

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Banks and risk factors

The 3 biggest risk factors for banks

Big and small banks have to cope with numerous challenges daily. The financial crisis that occurred in 2008 had a tremendous impact on financial institutions. They had to adapt to the new reality. While many of those changes resulted from new financial regulations designed to prevent another crisis, technological advancements raised customers’ expectations and created …

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5G technology and airlines

5G Technology and its Impact on Aviation

In January, wireless service providers Verizon Communications Inc. and AT&T Inc. agreed to postpone their plans of rolling out 5G technology near certain airports. They agreed to change their plans regarding 5G technology as airlines officials and the Federal Aviation Administration (FAA) stated that the new service could affect the safety equipment in some aircraft. …

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Diversification and its importance

Why Investors Should Not Forget About Diversification

It is impossible to eliminate all risk factors, but investors have the opportunity to get rid of some of them. So, inexperienced as well as experienced investors should pay more attention to diversification. To cut a long story short, it is a risk management strategy that mixes a wide variety of investments within a portfolio.  …

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