Economics

Crack Spread

Crack Spread

The price differential between a barrel of crude oil and its by-products such as gasoline, heating oil, kerosene, and fuel oil is referred to as the crack spread. It finds its worth through investors, traders, and arbitrageurs. Through “cracking” the long-chain hydrocarbons of crude o.....

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The Effects Of Black Money On Economy

The Effects Of Black Money On Economy

The economy of the black market is a commercial enterprise that exists beyond the rules, legislation, and taxes. In economics, there is not one concept of black money. It is money that has been obtained through illegal means or money that is unaccounted for in the language of the layman, that is,.....

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Quantity Demanded

Quantity Demanded

The quantity demanded is a term used in economics to describe the total quantity of a product or service requested by customers for a specified period of time. Regardless of whether it is the market equilibrium price, the important element in a demand curve is the price customers are paying for a.....

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Quantity Supplied

Quantity Supplied

The quantity supplied in economics refers to the amount of products or services manufactured and sold by firms at a given market price. This amount varies at various price levels, but usually, the higher the price, the more likely it is for manufacturers to be able to supply customers with produc.....

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Visible Supply

Visible Supply

Visible supply is the volume of a product or service available to be purchased or sold that is currently being stored or transported. Visible supply in the sense of finance usually refers to the amount of goods available for trade. Commodities kept in storage, loading docks, or transit may be inc.....

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Keogh Plan

Keogh Plan

A Keogh plan is a retirement tax-deferred plan intended for self-employed individuals. While most plans are defined as a defined contribution, a Keogh plan may be set up as either a defined benefit or a defined contribution plan. Keogh plans are eligible to be formed by small businesses, partners.....

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Succession Planning

Succession Planning

Succession planning refers to the process of hiring and cultivating workers in order to fill a key role within an organization. Often known as “replacement planning,” it ensures that after a company’s most valuable individuals move on to new opportunities, retire, or pass away, companie.....

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Forward Integration

Forward Integration

Forward integration is a form of vertical integration that stretches to the next stages of the supply chain, aimed at reducing the cost of production and improving the company’s effectiveness. It is a business procedure that includes a type of downstream vertical mix whereby the organizatio.....

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Defined-Contribution Plan (DC Plan)

Defined-Contribution Plan (DC Plan)

A defined-contribution plan (also known as a DC plan) is a usually tax-deferred retirement plan, such as a 401(k) or 403(b), in which staff contributes a fixed amount or a percentage of their paychecks to an account designed to finance their retirements. Singular records are set up for members an.....

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Importance, Advantages And Disadvantages Of Public Infrastructure

Importance, Advantages And Disadvantages Of Public Infrastructure

Infrastructure is the general term for a business, area, or nation’s basic physical structures. Investments in public works are funded by the government through the use of discretionary funds raised from different sources, such as taxes, fines, cessation, etc. The estimation of speculations.....

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Public Infrastructure

Public Infrastructure

Public infrastructure alludes to infrastructure offices, frameworks, and designs that are claimed and worked by the “public,” i.e., the government. It is recognizable from nonexclusive or private infrastructure regarding strategy, financing, reason, and so on Ventures identified with framewor.....

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Poverty Trap in economics

Poverty Trap in economics

The poverty trap is a spiraling mechanism that forces people to remain poor. In economics, a poverty trap or cycle of poverty is caused by self-reinforcing mechanisms that cause poverty, once it exists, to persist unless there is outside intervention. It is so binding in itself that it doesn̵.....

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