
Commercial capitalism: what is it, origin, characteristics and examples
What is commercial capitalism? Some economic historians use the terms mercantile capitalism or commercial capitalism to describe the initial phase of capitalism’s... Read more.

Capitalism: What is capitalism, origin, characteristics and examples
Key points What is capitalism? In a capitalist economy, productive assets such as land, factories, businesses, and capital are under the control of private individuals... Read more.

Perfect Competition and Examples
To understand the dynamics of a market economy, it is essential to explore different market structures. The Encyclopedia of Examples offers a detailed look into... Read more.

Capital goods and Examples
Capital goods are essential assets used by businesses to produce goods or services. They’re crucial for companies to operate efficiently. What are Capital... Read more.

Intermediate goods and Examples
In manufacturing and economics, intermediate goods are the unsung heroes quietly powering the world’s supply chains. They are the essential ingredients, components,... Read more.

Consumer goods and Examples
Products reaching the end of the manufacturing sequence are classified as consumer goods upon acquisition by end-users for private utility or home environments.... Read more.

Fixed cost, Variable cost and Examples
Cost accounting experts define two primary types of production costs. These are fixed costs and variable costs. Understanding these costs aids crucial company analysis.... Read more.

Informal Economy and Examples
The informal economy is one where labor conditions do not follow a legal framework. Thus, it encompasses a range of productive activities where workers... Read more.

Economic Activities and Examples
Understanding economic and non-economic activities as a fundamental concept is crucial, as it highlights the difference between them in commerce, serving as the... Read more.