Banking

Advantages and Disadvantages of Command Economy

Advantages and Disadvantages of Command Economy

Command economy is the economy where all economic decisions and details are planned by an authority assigned by the central government. This is the opposite of free market economy. Just like with free market economy, there are advantages and disadvantages of command economy. These decisions are implemented through directives, laws and regulations. Supply and demand […]

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Advantages and Disadvantages of Market Economy

Advantages and Disadvantages of Market Economy

Market Economy Market economy is based on supply and demand where the prices of goods and services are determined within a free price system. This system encourages economic freedom and was set up so that it would regulate itself due to money flowing where the demand is greatest and encouraging competition and initiative. There are […]

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Disadvantages of Online Banking – The Facts

Disadvantages of Online Banking – The Facts

Disadvantages of Online Banking Just establishing an online bank account could be the reason for your government to put some more concentrate on your activities. In fact, many utilize online banking as the mechanism to conduct unlawful activities as well as evade taxes. A few specific disadvantages of online banking as the result of performing […]

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What is a Corporation – Advantages and Disadvantages of a Corporation

What is a Corporation – Advantages and Disadvantages of a Corporation

Corporation A corporation is owned by shareholders, however, it is the corporation that is held accountable for its actions and debts. The shareholders are not legally liable for any debt that corporation incurs or actions that the corporation takes. Of all the structures of businesses available, the corporation is the most complex due to the […]

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Corporate Banking vs Investment Banking – Difference Between Corporate Banking and Investment Banking

Corporate Banking vs Investment Banking – Difference Between Corporate Banking and Investment Banking

When determining the type of financial institution that will best suit the needs of your business, it is best to fully evaluate what each one has to offer. Then look at what you are in need of from a financial institution. The one that best fits and covers your needs is the one that you […]

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Advantages and Disadvantages of Mutual Funds

Advantages and Disadvantages of Mutual Funds

Mutual Funds Mutual funds are the funds from several investors used to invest in securities like bonds, stocks, money markets and other similar assets. Money managers control mutual funds and invest the capital of the funds in an attempt to produce higher capital gains and in turn, income for the investors. Mutual funds have numerous […]

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Advantages and Disadvantages of Credit Cards

Advantages and Disadvantages of Credit Cards

Credit Cards Credit cards are small plastic cards that banks, stores or other businesses offer to people to use with a line of credit. It is the responsibility of the card holder to pay off the amount of money that was borrowed on the credit card plus an amount of interest charged for using the […]

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