Production Possibility Frontier (PPF) is an economic term that simply represents a curve of the maximum combination of output an economy can produce with the given resources at various levels. The curve assumes that resources&hellip
Tagged By economy
Why do central banks buy their own currency?
â€œCentral banksâ€ refers to institutions that are responsible for monitoring a particular country or state’s currency, supply of money, and lending or interest rates. Â Aside from its national duties, though, most central banks also monitor&hellip
Why Does Poverty Exist?
Why does poverty exist? The world’s poverty exists because of decreased development of economical status of the country. Unemployment and illiteracy are observed as other reasons for the poverty in the world. The economic development&hellip
Why is Capitalism Good?
Why is Capitalism Good? Capitalism is a system in the economy where capitalists or private business owners are given the chance to own a business. The owner has the right to manage the whole business,&hellip
Why is bankruptcy bad
Why is bankruptcy bad The word bankruptcy itself has a known horrible social and economic connotation that sticks with the person for as long as the individual can settle all his/her account. For this reason,&hellip
Why is inflation bad
Why is inflation bad Inflation in layman’s term is the economic condition wherein the prices of goods and services are continuously rising. It is also viewed as the decline in the value of money thus&hellip
Why is GDP overstated in terms of the environment?
Why is GDP overstated in terms of the environment? GDP stands for gross domestic product. GDP refers to the cost of goods and services at the final stage of the economical year. GDP is not&hellip
Why is supply curve upward sloping?
Why is supply curve upward sloping? The principle behind the supply says that if the price of a commodity is high, the quantity of that commodity sold will also be high. The quantity of goods&hellip
Why is Privacy important?
Why is Privacy important? Privacy helps the person to be autonomous, unique and original. People have a power of sharing or hiding the information about themselves. The country that is free will not compel the&hellip
Why is risk management important?
Why is risk management important? Risk management is a technique whereby the effects of uncertainty regarding a project or procedure is identified, assessed and prioritized. It is then, analyzed and acted on to minimize the&hellip
Why was Pennsylvania founded?
Why was Pennsylvania founded? Pennsylvania is jus t one among the 50 states of America. Surrounded by famous landmarks such as Delaware, New York, New Jersey, Canada, Maryland, Ohio and West Virginia, the state of&hellip
Why did Obama go to Mumbai?
Why did Obama go to Mumbai? Mumbai is the capital of the country India. Its name was derived from the goddess of Koli, Mumbadevi and the mother in language of Marathi, Aai. The combination of&hellip
Why should Nova Scotia join confederation?
Why should Nova Scotia join confederation? Nova Scotia is one of the three Maritime Provinces found in Canada. Although it is the second smallest province in Canada, it is the second most populous province as&hellip
Why is out of state tuition more expensive?
Why is out of state tuition more expensive? Most of the times, people will not prefer to opt for studying in the colleges that are in the same place where they were born and brought&hellip
Why should racism be stopped?
Why should racism be stopped? Racism is one of the most talked about issue all over the world and for the longest time. Unfortunately, even in this technologically advanced age racism still exists or else&hellip
Why is work important?
Why is work important? Ever since man lived on earth, he has been working hard to survive. During earlier times where life was still simple, man toiled the land in order to have food and&hellip
Why is unemployment so high?
Why is unemployment so high? By definition, unemployment is a state of man in which one is without a job or work and is constantly seeking to have one for the past four weeks. It&hellip
Why is social studies important?
Why is social studies important? Ever since we are in primary school, we have been taught of social studies. Ãƒ’šÃ‚ It has been included in basic curriculum and higher learning because it is very important to&hellip
Why is stealing wrong?
Why is stealing wrong? Stealing is defined by law as an act of illegally taking a property or belonging without any willful giving of consent. Stealing may be done to address one’s needs in critical&hellip
Why is slavery wrong?
Why is slavery wrong? Slavery is an act of owning another person, like that of a property, who is forced to work. Slavery is another product induced from poverty. The practice of slavery is becoming&hellip
Why is sustainability important?
Why is sustainability important? Anyone keeping an eye on the news or current events has no doubt heard the term ‘sustainability.’ However, it can at times be difficult to understand what exactly sustainability means and&hellip
Why Egypt was called the Gift of the Nile?
Why Egypt was called the Gift of the Nile? Nile is considered as the longest River in the world having around 4000 miles length. As it exists in the Lotus flower shape, this river was&hellip
Why is Aeropostale so popular?
Why is Aeropostale so popular? Aeropostale is the brand name of an American clothing company. It is one of the textile companies in America that has occupied the top most position in this business. This&hellip
Why is ownership important?
Ownership gives anyone a sense of accomplishment that the object is of their own and does not belong to anyone. For a student to learn more and develop himself, it is necessary for him to&hellip
Why Was England The First Country To Industrialize?
Why Was England The First Country To Industrialize? For the use of machines, for having a more systematized working environment and for living a comfortable life- we have England to thank for. In the 18th&hellip
Why Was NAFTA Created?
Why Was NAFTA Created? The North American Free Trade Agreement is an eight-chapter, 22-section and a couple of thousand-paged document that reflects the conformity between Canada, the United States of America and Mexico that was&hellip
Why Is G20 Bad?
Why Is G20 Bad? The G20 is a group of several countries that has come together to discuss the issues that has affected the world economy. It is made up of the world’s richest countries&hellip
Why is Canada a mixed Economy?
Why is Canada a mixed Economy? Mixed economy constitutes controlling the economy of the country by using both private and government policies. Mixed economy includes taking care of the industries and activities by the government&hellip
Why is Economic growth important?
For businesses to thrive and prosper, economic growth is the key. You are aware that growth is measured by positive changes in the yearly gross domestic product (GDP) of a country. To ascertain that a&hellip