March 8 of each year marks the celebration of International Women’s Day. This special date serves as a reminder of […]
Politics
What is the Difference Between Sex and Gender and Why Does it Matter?
Several advocacy organizations, health researchers, and even international and supranational organizations have made substantial efforts to communicate the difference between […]
Economic Costs of Inefficient Transportation
Transportation is critical for economic growth. But inefficiencies in transportation systems and traditional modes of transport have macroeconomic and microeconomic […]
The Different Definitions of Sustainability
“Sustainability” originates from the word “sustain” which means “to support” and is also the word “sustainable” which corresponds to something […]
The Role of Queen Elizabeth II in World War 2
The United Kingdom and the self-governing Dominions other than Ireland entered the Second World War in September 1939 when they […]
Characteristics of a Centrally Planned Economy
A centrally planned economy is an economic system and a specific type of a planned economy in which economic decisions […]
Explainer: The Abdication of King Edward VIII
Prince Edward effectively became King Edward VIII of the United Kingdom and the Dominions of the British Empire, and the […]
Command Economy: Advantages and Disadvantages
Key characteristics of a command economy such as central government control and public ownership have appealed to thinkers and leaders […]
Characteristics of a Command Economy
A command economy is an economic system in which the government has central authority over investments, production, distribution, and allocation […]
Role of the Government in the Economy
The government has an inherent responsibility of promoting and protecting the welfare of its citizen by providing leadership and direction. […]