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Price Controls - Definition "Price Controls" are artificial limits that are put on prices. If the limit is put in place to prevent prices from getting too high, they are called Ceilings. If they are in place to prevent the price from getting too low, they are called "Floors". Price Ceilings Price Ceilings are controls put in place to prevent the price of some good or service from getting too high. This type of control is most common… … Continue reading Price Controls
How to Effectively Save Money - We will teach you how to save money so that you can afford your future now. There are two main questions you need to ask yourself to effective save money: A.“How much will I need?”,… … Continue reading How to Effectively Save Money
Property Rights - Property rights is the foundation of all free-enterprise economic systems. It is what allows people to profit from capital and ideas, without fear of seizure by the government or theft. Definition “Property Rights” usually refers… … Continue reading Property Rights
Managing Debt - To be "In Debt" means to owe money to someone else, usually making fixed payments to pay back the amount over time, plus interest. Debt means different things to different people - having some debt… … Continue reading Managing Debt