Author name: Daisylynia Velasquez

The Role Of Small Businesses In The Global Economy Small businesses play a critical part in shaping the global economy. Their contributions extend to: job creation innovation sustainability impacting both local communities and international markets. Creating Jobs Locally And Globally Small businesses generate 70% of global employment, according to the International Labor Organization. They create

Understanding The Market Landscape In 2024 The 2024 market landscape reflects significant shifts influenced by evolving global economic conditions and technological innovations. Economic growth forecasts indicate moderate expansion due to mixed recovery patterns across regions. Emerging markets show potential while developed economies face slower growth, tied to inflationary pressures and monetary policy adjustments. Technological advancements,

Understanding the Digital Currency Boom Cryptocurrencies are transforming the global financial structure by introducing decentralized and transparent systems. Bitcoin, the first cryptocurrency launched in 2009, created a foundation for this revolution. Its adoption increased due to its limited supply of 21 million coins, positioning it as a hedge against inflation. Other cryptocurrencies like Ethereum advanced

Understanding Inflation Inflation impacts purchasing power, altering how much goods and services cost over time. Grasping its intricacies can help manage personal finances effectively. What Is Inflation? Inflation refers to the sustained increase in general price levels within an economy. This process reduces the value of money; for example, if a gallon of milk costs

Understanding Recessions And Their Impact Economic downturns can shake financial systems, businesses, and households alike. Recognizing what causes recessions and how they influence stability is essential for staying prepared. What Is A Recession? A recession is defined as a temporary economic decline marked by reduced GDP activity for at least two consecutive quarters. It often

The Rise of Startups in the Modern Economy Startups have emerged as a crucial component of the global economy, with over 305 million startups being created annually, according to Startup Genome. These ventures are driving unprecedented levels of innovation by leveraging technology to address niche markets and unserved consumer needs. Job creation is one of