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Interest Rate – Explained + Examples

March 24, 2023March 24, 2023 Young Entrepreneur annual percentage rate (APR), borrower, borrowing, businesses, central banks, consumers, control inflation, currencies, direction of the economy, economic environment, Federal Reserve, financial institutions, fixed, inflation, Interest rate, lender, loan, lower, market, money, percentage, profitability, promote economic growth, raise, riskiness, spending, variable

An interest rate is essentially the cost you pay to borrow money from a lender. It’s a percentage of the

Free Trade – Explained + Examples

March 17, 2023 Young Entrepreneur barriers, Canada, China, competition, consumers, customs union, developing countries, Economic growth, efficiency, European Union, exploitation, foreign trade, Free trade, free trade agreements, global scale, goods, industries, international organization, international trade, investment, job losses, lower prices, member countries, Mexico, NAFTA, North American Free Trade Agreement, Open Door Policy, quotas, services, specialization, subsidies, tariffs, TPP, trade agreement, trade barriers, Trans-Pacific Partnership, United States, workers, World Trade Organization, WTO

Free trade refers to a system of international trade that allows goods and services to move between countries without any

E-commerce – Explained

March 6, 2023March 6, 2023 Young Entrepreneur accommodations, Airbnb, amazon, apartments, b2b, b2c, beauty, Best Buy, books, brick-and-mortar stores, business, businesses, buyers, buying, c2b, c2c, clothing, commercial transactions, consumers, convenience, costs, customers, delivery services, drivers, e-commerce, e-commerce platform, electronic platforms, electronics, electronics retailer, Etsy, fashion retailer, glasses, Glossier, goods, groceries, handmade, houses, in-store pickup, mobile apps, modern economy, online, online eyewear retailer, online marketplace, online platform, online retailer, online shopping, Online Stores, physical stores, products, retail giant, revolutionizing, riders, rooms, sellers, selling, services, shopify, short-term stays, skincare brand, social media, transportation services, try on, uber, vintage goods, Walmart, Warby Parker, websites, wider customer base, Zara

E-commerce refers to the process of buying and selling goods or services online. It involves using electronic platforms such as

Deflation in Economics – Explained + Examples

February 27, 2023February 27, 2023 Young Entrepreneur 1929, 1933, 1990s, 2000s, asset bubbles, businesses, central banks, competition, competitive, consumer demand, Consumer Spending, consumers, COVID-19 pandemic, currency, decrease, Deflation, demand, economic activity, economic stagnation, economy, Eurozone, global financial crisis, goods, Great Depression, industries, inflation, interest rates, inventory, japan, job losses, monetary policies, money supply, price level, prices, productivity, purchases, purchasing power, services, spending, supply, technologies, U.S., wages

Deflation is a term used to describe a decrease in the overall price level of goods and services in an

Market Size Definition & Meaning

January 8, 2023January 8, 2023 Young Entrepreneur business, consumers, demand, market size

You might hear the term market size, in general it is easy to understand. But once you dive in the