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Consignment stores and online clothing resale sites are part of circular markets for used goods.

The Resale Economy: From Fast Fashion to Circular Markets

Many young consumers are beginning to look at circular markets for gently used clothing instead of relying on mass-produced, disposable "fast fashion." What are the economic incentives behind using circular markets to buy secondhand goods?...
5 min read
Trade-Off in Economics
Definitions Business economics

Trade-Off in Economics

Published on June 23, 2024

Economies of Scope
Definitions Business economics

Economies of Scope

Published on June 19, 2024

Understanding Trade Embargo
Definitions Global economics

Understanding Trade Embargo

Published on June 19, 2024

Types of Takeovers in Economics
Definitions Competitive markets

Types of Takeovers in Economics

Published on June 18, 2024

Diminishing Marginal Benefit
Definitions Business economics

Diminishing Marginal Benefit

Published on June 16, 2024

Credit Default Swap (CDS)
Definitions Competitive markets

Credit Default Swap (CDS)

Published on June 16, 2024

Washington Consensus Definition
Definitions Managing the economy

Washington Consensus Definition

Published on June 16, 2024

Regressive Taxes
Definitions Managing the economy

Regressive Taxes

Published on June 09, 2024

Larger Share of Global Economy Finds Itself Behind Digitally Isolated

Larger Share of Global Economy Finds Itself Behind Digitally Isolated

Published on June 09, 2024

Neoliberal Meaning
Definitions Managing the economy

Neoliberal Meaning

Published on June 09, 2024

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A suited man with a bag on his head labeled "TAX" points towards the viewer against a mint green background.

7 Common Tax Mistakes That American Expats Make and How to Avoid Them

Just because you move to another country doesn’t mean Uncle Sam forgets about you. Unlike most countries, the US taxes its citizens no matte...
5 min read

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