Social Benchmarks in a Social Market Economy

Since the economy must always be social, it cannot exist without a person and, in principle, is not needed, meaningless without him. This means, on the one hand, without people, the economy cannot function, the development of the economy depends on the quality of the person (people) himself. On the other hand, a person, the […]

FEATURES OF THE DEVELOPMENT OF THE US ECONOMY

The success of the American economy was achieved largely  due to a number of favorable factors that contributed to the rapid socio-economic development of the country. Let’s highlight the main ones. The United States got a huge, almost uninhabited continent with the richest natural resources, primarily a variety of minerals, conveniently located in relation to […]

market factors

In the case of a fixed exchange rate, the activities of speculators in the foreign exchange market depend on the degree of trust in the government. If they are convinced that the government does not have sufficient reserves to maintain a weakening currency, speculation against this currency will increase, which will accelerate its devaluation. If […]