Economics

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NAFTA is an example of a free trade agreement.

What Is Free Trade?

Free trade is a theoretical policy in which governments impose no taxes, tariffs, duties, or quarters on imports and exports.

January 10, 2020 07:19

Government shutdowns have negative impact on the economy.

What Is A Government Shutdown?

The US legislative branch is responsible for agreeing on federal budget priorities, but in some cases, members disagree..

January 10, 2020 06:38

The World Hummus Market Is Booming

Worldwide hummus producers have overcome transportation and refrigeration difficulties to expand their production overtime.

January 10, 2020 03:53

Fair trade protects the interests of the producers.

What Is Fair Trade?

Fair trade is a movement that advocates for fair prices for farmers, workers, and companies who grow and manufacture food products.

January 10, 2020 03:26

Climate change is intensifying drought conditions in Africa.

Droughts Are Hurting African Economies And It Will Only Get Worse.

Agriculture, a major staple in food production, and fresh water are diminishing rapidly due to climate change.

January 10, 2020 03:11

What Are The Biggest Industries In Hawaii?

Tourism has been the largest industry in Hawaii since it achieved statehood in 1959.

January 9, 2020 11:46

The United States’ federal government budgeting and spending are important components of the fiscal policy aimed at influencing the country’s economy.

What Is Discretionary Spending?

Discretionary spending is part of the federal government spending implemented each year through an appropriation bill by Congress.

January 9, 2020 00:40

The 'Tequila Effect'

The Mexican Peso Crisis revealed major weaknesses in Southern American countries' currencies.

January 8, 2020 09:47

On December 20, 1994, Mexico suddenly devalued the peso against the US dollar, leading to an international financial crisis.

The Mexican Peso Crisis

The value of the Mexican peso tanked relative to the US dollar in 1994 after the government unexpectedly devalued the currency instigating capital flight.

January 8, 2020 09:02

Many countries lack an efficient social protection system to cushion the elderly from poverty.

10 European Countries Where Pensioners Are Most Threatened By Poverty

15.2% of the elderly in Europe are at risk of becoming poor.

January 8, 2020 08:45

A dog walker walking with dogs of different breeds.

How Big Is The US Dog Walking Business?

Pet owners spent over $1 billion dollars on dog walking services in 2019 alone.

January 7, 2020 10:16

A large percentage of Canadian pet owners regard pets as members of their family.

How Much Do Canadians Spend On Their Pets?

Canadian pet owners spent more on pets in 2018 than they did on their own games, toys and hobbies.

January 7, 2020 09:20

What Is Mandatory Spending?

Mandatory spending, or entitlement spending, is federal spending on certain items mandated by the law.

January 7, 2020 06:24

Carbon pricing is an effective policy to tackle climate change.

What Is Carbon Pricing?

Companies that produce carbon hurt the environment and without carbon pricing consumers like you and me have to pay.

December 30, 2019 05:10

The US has one of the most advanced healthcare systems in the world.

What Is Title X?

The United States federal government funds subsidizes some health services with the aim of increasing access to healthcare for low-income populations.

December 29, 2019 12:48