A centrally planned economy is an economic system and a specific type of a planned economy in which economic decisions […]
Politics
Explainer: The Abdication of King Edward VIII
Prince Edward effectively became King Edward VIII of the United Kingdom and the Dominions of the British Empire, and the […]
Command Economy: Advantages and Disadvantages
Key characteristics of a command economy such as central government control and public ownership have appealed to thinkers and leaders […]
Characteristics of a Command Economy
A command economy is an economic system in which the government has central authority over investments, production, distribution, and allocation […]
Role of the Government in the Economy
The government has an inherent responsibility of promoting and protecting the welfare of its citizen by providing leadership and direction. […]
Summary: Causes of the Economic Crisis in Sri Lanka
The government of Sri Lanka officially declared in April 2021 that the country is experiencing its worst economic crisis since […]
Reasons Why Vladimir Putin is Powerful
Vladimir Putin is the most powerful figure in Russia and one of the most influential actors in the international community. […]
Pros and Cons of Globalization
The advantages and disadvantages of globalization can be analyzed and understood by looking through its three main dimensions: economic, political, […]
International Relations: Theories
The Major Theories The following is the list and corresponding descriptions of the major theories of international relations: 1. Realism: […]
Wahhabism: Principles and Criticisms
Religious leader and theologian Muhammad ibn Abd al-Wahhab from the eighteenth century started a movement in the region of Najd […]