Supply and Demand Examples in the Stock Market The stock market determines prices by constantly-shifting movements in the supply and demand for stocks. Market equilibrium is the price and quantity at which supply equals demand. Stock exchanges play a major role in facilitating this balance. We can use the stock market to give some great Read More…
Stock Market Crash of 1929 Definition The stock market crash of 1929 was a massive crash in stock prices on the New York Stock Exchange, and marks the largest financial crash in the United States. Details The stock market crash came in multiple parts – the initial crash on October 28 (a 12.87% drop) continued into Read More…
Comparative Economic Systems Various economic systems exist with different goals, such as promoting equality or facilitating rapid growth. The structure of an economy within a country is heavily influenced by its political landscape and the values held by its population. However, it is important to note that the economy of any country is subject to Read More…
“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”.
The Business Cycle is the broad, over-stretching cycle of expansion and recession in an economy.