What is the SEC?

Reading this article’s title, you may have been thinking about the popular college football conference. However, in finance and business world, the SEC is a powerful government regulator. The SEC, formally known as the Securities and Exchange Commission, is a government agency tasked with protecting investors and promoting fairness in stock markets. It is headquarteredContinue reading “What is the SEC?”

What are the different types of economies?

Each country has its own economy, which refers to the consumption and distribution of resources. However, all economies are not created equal. There are four major types of economies: pure market, pure command, mixed, and traditional. Each of the four economy types have distinct differences, but some aspects are shared between them. Pure market economiesContinue reading “What are the different types of economies?”