Tag Archives: Finance

25 Interesting Facts About Currencies

Here are 25 Interesting Facts About Currencies. 1-5 Interesting Facts About Currencies 1. Only 8% of the world’s currency is physical money, the rest only exists on computers. – Source 2. Theodore Roosevelt was against the phrase “In God We Trust” on currency as he considered it sacrilegious. – Source 3. The Spartans used cumbersome,…… Read More »

How Does a Shortage of One Product Affect the Global Economy?

Business and economics 101: a market is at equilibrium when the quantity demand is on par with the quantity supplied within the market price. A shortage implies a situation where there is a higher demand than the supply of a product. When we experience a shortage, the market is at disequilibrium. It may seem that…… Read More »