Needs are basic physical and mental conditions of a human that need to be satisfied using a product or a services. In other hand wants can be defined as ways …
In past people used barter system (exchange goods for goods) [Click here to visit the article on barter economy] to obtain goods and services. But with …
“Money” is a word which holds a huge buzz in a current world as it said that money dominates the world. In simple terms Money is anything that can …
People may demand money for different purposes. Some may demand money to buy goods, some may want to save money in bank where as some may want to invest money …
Since it’s specifically difficult to identify the reasons for or factors that contribute to inflation, many theories and concepts have been introduced for …
What is Inflation? Inflation can be defined as “Too much of money chasing behind few goods”. In other word there is more money in the hand of …