Pidgins and Creoles
Pidgin Grammatically simplified mean to communicate between two people, persons or groups that do not have a language in common....
Standard English
What is Standard English? Not about pronunciation Vocabulary Grammar It has to be grammatically correct Neutral language you might say...
The Correct Way to Cut an Avocado and What To Believe About Perfect Scandinavia
These days the internet tells you so many things – how many calories you should be eating in a day, how to do make up properly, how to...
Market Structure
Grouped on the basis of certain market characteristics Describes the competition and price formation in a market through the interplay...
Market Failure
⭐️ Market failure is when the market alone cannot allocate the resources efficiently. Most economists assume that the market mechanism is...
The Market
Terms ⭐️ Market: Where buyer and seller meet to exchange goods and services ⭐️ Market mechanism: A mechanism that ensures that the price...
Measures of Inequality: The Gini-Coefficient
The Lorenz-curve The Gini-coefficient is probably the most used method of measuring inequality. The Gini-coefficient shows how a resource...
The market: Introduction
Terms ⭐️ Assets are properties than can be sold, e.g. cars and shares. ⭐️ Passives are more or less like debt. ⭐️ Scarcity: Economic...
Economics: A dictionary
A Absolute advantage If a country, individual or region has the ability to produce a service or a good at a lower unit price than another...
Blood Types
The ABO Blood Group System Antigenes are what the immune system uses to know what to "kill" For example if you have the antigene A you...