The United States transitioned from an agricultural society to an industrial society during the period known as the Gilded Age. However, because challenges of the […]
Author Archives: Ray Charles Samson
Why a Delaware Judge Rejected Elon Musk’s Multi-Billion Tesla Pay Package
In a late Monday ruling, Delaware Court of Chancery Judge Kathaleen McCormick upheld her earlier January 2024 decision, which found that the board of Tesla […]
Types and Causes of Market Failure
A market failure is an economic situation occurring from inefficiencies in the distribution of goods and services in freely functioning or unhindered markets, thus resulting […]
Open Office Spaces: The Pros and Cons
Open office spaces or an open-plan workspace is a floor plan layout and floor space configuration characterized by the use of large open space with […]
Supply-Side Economics: Advantages and Disadvantages
According to the macroeconomic theory called supply-side economics, an effective way to grow the economy is by lowering taxes and decreasing government regulation. These two […]
The Apprenticeship Model of Succession
Changes in management and leadership are commonplace in large organizations. Established multinational companies often appoint new senior executives for different reasons. These include the retirement […]
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. […]
The Factors of Production
The factors of production correspond to the tangible and intangible inputs required to produce or manufacture a good or provide a service, as well as […]
Advantages and Disadvantages of Inflation
Reports about the current inflation rate are often met with pessimism. However, at a certain level, a general increase in the price of goods and […]
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 […]