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Production is defined as the combination of the http://factors of production, in the quest to create goods for consumption.

Note: production is never complete, untill goods produced reaches the final consumer(s). 178 more words

Basic Economics

Basic economics

Economics as a field of study is classified into two(macro and micro economics). Economics also has diverse definitions.
But generally, economics is said to be a science that studies human behaviour. 156 more words

Basic Economics

Hillary Clinton Knows NOTHING About Economics

The idiocy on display here is increasingly typical of Democrats as a whole.


Ten Principles of Economics

1. Understanding opportunity cost

Before you started applying for college, you were offered a full-time position as a cashier at a local department store earning an after-tax salary of $28,000 per year. 264 more words