economy

black thursday

What Is The 1929 Stock Market Crash?

The 1929 stock market crash was a stock market crash that began on October 24, 1929 and is one of the worst in US history. The Dow Jones Industrial Average fell 24.8%, marking the biggest one-day loss in Dow Jones history, according to Federal Reserve data. The crash began on October 24, 1929, known as

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capital

What Is The Russell 2000?

The Russell 2000 Index, created in 1984 by Frank Russell & Company, is a stock index of 2,000 small companies with capital. The Russell 500 is the S & P 500, which is a benchmark for portfolios with large caps. It consists of over 2,000 publicly traded companies representing a range of sizes from small

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bad loans

What Is The Subprime Mortgage Crisis?

The subprime meltdown was the surge in high-risk mortgages defaulting from early 2007. These mortgages contributed to the worst recession in decades and the collapse of the US housing market. The subprime mortgage crisis (2007-10) stemmed from an earlier expansion of mortgage lending, which included loans to borrowers who would previously have had difficulty getting

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Brexit

What Is Brexit?

Brexit refers to the country’s exit from the European Union and is a fusion of the words Britain and exit. The term has been used since the proposal for Britain to leave the trading bloc was put forward by former Prime Minister David Cameron and former Foreign Secretary Boris Johnson in May 2016. For the

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amazon

What Is Digital Divide?

The term “digital divide” refers to the difference between those who have easy access to computers and the Internet and those who do not because of lack of access. Despite efforts to narrow America’s once-vast digital divide, people who were unlucky enough not to have access to computers or the Internet are persisting in narrowing

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Atlantic

What Is CETA?

This is a modern, progressive trade agreement that will strengthen Canada’s position as a world leader in free trade and economic development. CETA reflects the joint commitment of Canada and the EU to create economic growth and jobs through increased trade, investment and innovation on both sides of the Atlantic. It will forge closer links

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american politics

What Is Political Typology?

Political Typology is an attempt to sort Americans into a coherent group based on their values, attitudes, and party affiliations, and to provide insight into the changing political landscape in the US and around the world. The goal of political typology is to move beyond people’s partisan inclinations to gain a better understanding of American

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algorithm

What Are DeepFakes?

Imagine a dark web economy, where specialists produce misleading content that can be posted on the Internet to influence everything from car purchases to political candidates who receive votes. Deepfake is a type of fake news, often using technologies used by bad actors to create false information, such as fake news and fake videos. These

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economic growth

What Is Economic Recession?

A recession is a significant decline in economic activity that spans the entire economy and lasts for more than a few months. In recent decades, most recessions have been rare, and most have been short, but expansion is the normal state of an economy. A recession begins immediately after the economy reaches a peak of

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capitalism

What Is Capitalism?

Capitalism is an economic system that emerged in Europe in the 16th and 17th centuries and is organized around the idea of using workers to produce goods and services. In practice, it creates an economy based on private companies that want to make profits and grow. It is a form of capitalism that organizes the

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