Welfare-to-Work Exemptions and Activities The welfare to work program is a government initiative that aims to help individuals who receive welfare assistance to find
What is Excess Crude Account (ECA)? What is excess crude account? The Excess Crude Account (ECA) is a Nigerian government account established in 2004 under the
Are socialist countries poor? Are socialist countries poor? It is difficult to make a blanket statement about socialist countries and their economic status because
Socialist Countries in Europe Socialism is a political and economic system that has been the subject of much debate and controversy throughout history. Socialist
Market Economy Examples For every country in existence, economic activities within it must be governed by a type of economic system. Some common
Examples of Negative Externalities in Economics Examples of negative externalities in economics include traffic congestion, environmental pollution, the negative impacts of tourism, secondary smoking, etc. These
Economic Effects of the Industrial Revolution Even though the Industrial Revolution occurred approximately 200 years ago, it was an era that left a great impact on
Mixed Economy Characteristics Mixed economy characteristics comprise a mix of the features of a free market economy and a command economy. This means
Command Economy Characteristics In a command economy (also known as a planned economy), the means of production are owned and controlled by the
Command Economy Benefits All countries in existence run on a particular type of economy such as command, mixed, free market, socialist, capitalist, etc.
Classical Liberalism vs Libertarianism Differences and Similarities In this article, we shall discuss the differences and similarities that exist between classical liberalism vs libertarianism. In order to
What is liberal economics? A liberal view on economy What is liberal economics? This entails liberal views on the economy that supports the idea of an economic system being
Conservative View on Economy The conservative view on economy in recent times is dominated by capitalism as an economic system. It emphasizes individual freedom,
Social Democracy vs Social Liberalism Differences and Similarities Social democracy vs social liberalism are political ideologies that differ not only in their names but also in some ideologies
Examples of Classical Liberalism The term classical liberalism is used to designate the philosophy advocating private property, a free market economy, the rule of
Classical Liberal vs Neoliberal Differences and Similarities What is the difference between classical liberal vs neoliberal philosophy? Classical liberalism is a branch of liberalism that advocates laissez-faire
Neoliberalism Theory: Types of Neoliberal Theories Neoliberalism encompasses a wide range of social, political, and economic ideologies that have evolved over time in a variety of
Social Liberalism vs Classical Liberalism Differences and Similarities Liberalism is a political philosophy based on the rights of the individual, political equality, liberty, equality before the law, and
What type of economy does China have? China’s economic system is so complex that you may not attribute a single form of system to it; some consider
How would socialism affect me? How would socialism affect me? Socialism is a political, economic, and social ideology that has been in existence for a