Apparently, Federal and Unitary systems of government are the most practiced in the world. But it is not actually easy to point out the differences between these two even though they are both opposite of each other. Conversely, In this article, i … [Read more...]
Advantages and Disadvantages of Capitalism
Advantages and Disadvantages of Capitalism: Capitalism is one of the most practiced economic and political systems in the world today. It is practiced in the United States of America, Canada, Chile, Germany and even South Korea. This clearly shows … [Read more...]
Advantages And Disadvantages Of Pressure Groups
Advantages And Disadvantages Of Pressure Groups: Many people’s voices are drowned out by the government’s power. There have been numerous instances where citizens are dissatisfied and want the government to improve things, yet they are not heard. … [Read more...]
Major Sources of Local Government Revenue
To ensure the growth of any federation, there must be equitable development at the local government level. Accordingly, local governments can not develop without revenue. This is why it is necessary for every government to have several sources of … [Read more...]
Major Tools For Economic Analysis (Explained)
Major tools for economic analysis: Just like it is for every field of study, economics often use simple and quick tools like tablets, charts and graphs to represent information than with endless written pages to ensure easier understanding. Such … [Read more...]
Differences Between Microeconomics And Macroeconomics
Meaning And Differences Between Microeconomics And Macroeconomics: According to the definition of economics, it is the study of how people cooperate to turn scarce resources into commodities and services that can satisfy their limitless demands and … [Read more...]