Tagged: Economics

What is Mercantilism? 2

What is Mercantilism?

Definition of Mercantilism Mercantilism is a political and economic doctrine that aims to improve national development and strengthen state power by doing the following: Mercantilism became popular in Europe in the 17th century, especially...

What is Scarcity? 3

What is Scarcity?

Scarcity is one of the problems that economics wants to solve. This occurs whenever the demand for services and products is much greater than the supply of goods and services. What is Scarcity? Scarcity...

What is Cryptocurrency 10

What is Cryptocurrency

Cryptocurrency is one of the most unique digital assets in the world today. One of the most well-known cryptocurrencies is Bitcoin. This article will explain what cryptocurrency is, its history, the current use of...