Economic Moat – Definition

Definition of economic moat: A specific and persistent advantage which a company holds over existing or potential new competitors. What is an economic moat? An economic moat is a metaphor …

Command Economy – Definition

Definition of command economy: A economic model, in contrast to capitalism, in which all decisions over which goods and services are produced and in what quantity is centrally controlled, typically …

Demand – Definition

Definition of demand: the measure of market participants level of desire to buy goods or services at different prices. What is demand? Demand is an economics concept. Demand represents the …