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What is a Recession and How Does it Impact the Economy?

A recession is a significant decline in economic activity spread across the economy, lasting a minimum of a few months, and usually visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. Recessions have significant impacts on the economy, as they result in decreased consumer spending and increased unemployment. Businesses also suffer during […]

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bonds

Investing Basics: Bonds

Are Bonds a Good Investment? Bonds are a type of investment that allows individuals to lend money to governments, corporations, or other organizations. They are often seen as a less risky option than stocks and can provide a steady income stream through interest payments. Bonds are the ownership of the debt of a company or

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The Quiet Power of Introverts

Amidst a society that glorifies flamboyant traits such as assertiveness and gregariousness, it’s simple to overlook the incredible might of introverts. However, introverts possess unique characteristics that render them remarkably suited for winning. Four reasons that make introverts formidable forces in the world: They understand themselves, their strengths, and their weaknesses. They think deeply about

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21 Mind Traps: The Ultimate Guide To Your Most Common Thinking Errors

What is a Negative Mental Model (Mind Trap)? Mental models are frameworks of understanding that help us make sense of the world around us. They are simplified representations of complex concepts, processes, and systems that allow us to process information and make decisions more efficiently. A negative mental model can become a mind trap, limiting

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The Laws of Human Nature by Robert Greene (Detailed Summary)

In his book The Laws of Human Nature, author Robert Greene explores the laws from which humans primarily operate. It’s a  fascinating, enlightening, and interesting read that can help readers understand which laws drive others’ or your behavior during interactions and decision-making. This book looks into motivations, emotions, ego, biases, and defense mechanisms that drive

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Rich Man Poor Man

What Really Makes The Rich Get Richer And The Poor Get Poorer (The Five Laws Of Gold)

“For whosoever hath, to him shall be given, and he shall have more abundance: but whosoever hath not, from him shall be taken away even that he hath.” – Matthew 13:12  Even since biblical times, before the advent of large-scale capitalism and big government, people understood that gifts were given to the rich and taxes

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healer

INFP: The Healer is the Best Personality Type and Here’s Why

Understanding the INFP Personality Type The INFP personality type is one of the rarest and most unique types out there. It is one of the 16 personality types identified by the Myers-Briggs Type Indicator (MBTI). People with this personality type are often called “healers” because they have a strong sense of idealism and morality. They

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ESTJ Explained: What It Means to be the EXECUTIVE Personality Type

ESTJ Meaning The Myers-Briggs Type Indicator (MBTI) is a widely used tool that helps people understand their personalities and how they interact with others. The MBTI is a personality test that classifies people into one of 16 personality types according to their preferred information processing and perception methods. The ESTJ personality type also called the

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skyscrapers

What Companies are in the Capital Goods Field?

Here are ten companies in the capital goods field: Caterpillar Boeing General Electric John Deere Honeywell International Siemens AG United Technologies Bechtel AECOM Fluor Producing the tools and equipment required for other industries to run, the capital goods sector is crucial to the economy. Producing other commodities and services requires the utilization of capital goods,

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