FKD 101
What do local mom-and-pop businesses and global corporation have in common? They are trying to generate a profit. A profit is a financial gain...
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It’s Friday afternoon and you get a text from your boss. Someone unexpectedly dropped their shift at the local diner and he’s asking if...
To the uninitiated, one might think an oligopoly is just the gibberish, typo-version of “monopoly.” If this is you, don’t worry, I thought the...
While advancements in botany haven’t allowed us to fulfill our dreams of growing money on trees, we can still grow our wealth with investments....
We often see life in a desert city like Phoenix, Las Vegas, Rajasthan, India, or Dubai in the United Arab Emirates as a testament...
The World Economic Forum (WEF), an elitist organization that brings together government and business leaders, recently unveiled a new plan to reduce private car...
What do local mom-and-pop businesses and global corporation have in common? They are trying to generate a profit. A profit is a financial gain...
Surplus occurs when there is an excess of an asset or resource. Surplus can be used in reference to a lot of things; income,...
When you hear the word “capital” is your first thought Samuel L. Jackson asking people, “What’s in your wallet?” Don’t worry, you’re not alone....
Not all economic transactions are between solely the consumer and the producer. Sometimes third parties can be unintentionally harmed or benefited in the process...
Everyone close your eyes and imagine a hypothetical world where all of our resources are plentiful and everyone has the money to buy them....
Have a round of negotiations over compensation at a unionized company? That’s where collective bargaining comes in. We’re off to see the (contract) wizard Collective...
In a loose sense, you can think of Medicaid as Medicare specifically designed for people with limited resources, as both programs are meant to help cover...