Economics
A vital branch of the social sciences, economics defines how people relate on many levels. The exchange of goods and services is of primary importance in determining the affluence and even happiness of a people or society.
The concept of people trading among themselves and between nations is older than recorded history. Yet thinking about why it benefits all mankind and facilitates the distribution of goods and services is in many ways a modern science. Yet people were thinking about it as early as the 1550s as illustrated by a letter of introduction from Edward VI, given to a fleet of ships heading north and east in search of trading partners.
More About Economics
Rule of 72 - explains the basic rule of thumb for calculating the time frame for doubling of an investment at various rates of interest.
Compound Interest - the ability to earn interest on interest.
Looking at buying a timeshare? First, find out what timeshares are all about, deeded vs right of use, fixed week vs rotating week. There is a lot to know.
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W.J. Rayment
