The United States labor market for 2025 was rough. Data and reports from several firms and media organizations have indicated an increasing leaning toward layoffs […]
Author Archives: Ray Charles Samson
Trump Tariffs Barely Made a Dent on U.S. Trade Deficit in 2025
Complete data from the Bureau of Economic Analysis and the Census Bureau of the United States Department of Commerce for 2025, which were generally delayed […]
Advantages and Disadvantages of Shopify
Shopify is a popular fully hosted e-commerce platform that enables individuals and business organizations to build, manage, and grow online storefronts to sell products or […]
Difference Between Internationalization and Globalization
There is a relationship between internationalization and globalization. The two have some overlaps in their respective definitions. However, when comparing the entire scope of their […]
United States Postal Service: Importance and Challenges
The United States Postal Service or USPS has been in operation since 1971. It operates as an independent agency of the executive branch of the […]
Types of Planned Economy
A planned economy is an economic system in which the government or state directly controls and regulates different facets of the economy such as investments […]
Henry Ford: Accomplishments and Contributions
Henry Ford was a revered American business magnate whose name is easily identified with early 20th century American industrialism. He founded Ford Motor Corporation in […]
The Difference Between Socialism and Communism
Both socialism and communism share a similarity with regard to their core principles: the creation and maintenance of a social and economic system based on […]
Moral Harm Model of Price Fairness: People Apply Moral Standards to Prices
Researchers have found that people evaluate the fairness of prices not only based on economic logic but also on moral values. This is particularly true […]
Difference Between Capitalism and The Free Market
Both capitalism and the free market are interrelated concepts and actual structures that have directed the economic systems of most modern economies around the world. […]