Competition is a key factor in economics and is a central principle in economic systems such as laissez-faire capitalism and free market economies. This article details the history and significance of competition in economics.
A command economy is considered to be on the left side of the economic spectrum and is based on the principles of collectivism, such as: economic equality, collective interest and public property. This article details the history, examples, and main principles of a command economy.
Collectivism has several main principles, including: economic equality, public ownership, cooperation, collective-interest, economic equality and government regulation. This article details the history and main principles of collectivism in terms of its impact on government and economics.
Capitalism is an economic system that is the foundation for many modern countries. This article details the history and main forms of capitalism.
Classical Liberalism is a right-wing ideology and based upon the values of political and economic individualism. This means that it highly values individual freedoms and limited government intervention in the lives of citizens.
Supply and demand is one of the most significant factors of a free market economy. This article details how supply and demand works, and its significance to understanding economics.
John Maynard Keynes was one of the most influential economic thinkers of the 20th century. His ideas played a crucial role in how governments around the world responded to the economic crisis of the Great Depression and the post-World War II era. This biography details the life and significance of John Maynard Keynes.
As an ideology, modern liberalism is associated with the center of the economic and spectrum because it allows for elements from both socialist ideologies and capitalist ideologies, combined with individual rights and freedoms and the principle of rule of law. This article details the main principles, history, positives and negatives of modern liberalism.
A mixed economy is considered to be in the middle of the economic spectrum and is based on the principles of both collectivism (left) and individualism (right). This article details the main principles, examples, positives and negatives of a mixed economy.
The Cold War was driven by an ideological conflict between the United States and the Soviet Union. This article details the history and significance of the ideological conflict in the Cold War.