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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
Stone statue of Yen currency symbol.
Definitions Forex Trading

Yen Carry Trade

Published on December 02, 2024

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Definitions Business economics

Collective Bargaining Definition

Published on November 25, 2024

Small plant growing from a pile of coins.
Definitions Managing the economy

Expansionary Fiscal Stance

Published on November 24, 2024

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Definitions Business economics

Cheapening of Electronic Products

Published on November 22, 2024

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Definitions Managing the economy

Austrian School of Economics

Published on November 21, 2024

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Definitions Managing the economy

American National Debt

Published on November 20, 2024

An image of burning charcoal.
Definitions Factors of production

Non-Renewable Resources

Published on November 19, 2024

Image of two broken windows against a brick wall.
Definitions Behavioural economics

Broken Window Fallacy

Published on November 18, 2024

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Definitions Business economics

Gross Wages vs. Net Wages

Published on November 14, 2024

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Definitions Global economics

What does Hysteresis do?

Published on November 08, 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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