Investopedia / Alex Dos Díaz
Capitalism occurs through a market economy. Communism occurs through a command economy.
Economics is a branch of science that seeks to perceive the functioning of a population through reading the functioning of its economy. Each group of people develops a survival plan based on sharing work and resources. How and to what extent this is fundamental to the study of economics.
Macroeconomics deals with the overall functionality of an economy. It assesses the stability and progress of an economy over time by investigating key indicators, such as GDP, employment, inflation or deflation, and industry balance.
Microeconomics is the study of the habits of individual consumers and the companies that make up the economy. Their motivations, habits, and habits are studied to determine whether an economy is working in their most productive interests.
We all participate in saving. We make a contribution to the total by generating or helping to produce a product or providing a service. In exchange we get cash that allows us to acquire goods that we cannot produce ourselves.
The White House. “President Biden announced the creation of the Strategic Petroleum Reserve as part of ongoing efforts to reduce costs and address global resource shortages. “
The Board of Governors of the Federal Reserve. ” Open Market Operations”.
World Bank. “The World Bank in China”.
United States Bureau of Economic Analysis. Gross Domestic Product, Quarter 2024 (Advance Estimate). ”
U. S. Bureau of Economic Analysis. ” The employment situation”.
Bureau of Labor Statistics. “Consumer Price Index”.
U. S. Bureau of Economic Analysis. ” The industry’s hole in 2023 will be $779. 8 billion. “