The forces that shape economic growth: The size of markets. Large markets make economies of scale possible and thus encourage saving, investing, and the development of new products. The availability of information and the literacy of the population. The spread of information gives people access to scientific and technical ideas, products, and productive farming, manufacturing, and marketing techniques. Natural resources. These seem like primary requirements but are not: they depend on markets for their commercial value. Surplus capital--savings--that can be used as investment. Basic economic...
The forces that shape economic growth: The size of markets. Large markets make economies of scale possible and thus encourage saving, investing, and t...
Through anecdotes and narrative, economics journalist Madrick traces the business mergers and financial speculation that arose in the early 1970s, finishing his work with a look at the fall of Ivan Boesky in the mid-1980s. He focuses on the executives behind particular corporate deals, examining how
Through anecdotes and narrative, economics journalist Madrick traces the business mergers and financial speculation that arose in the early 1970s, fin...
