Posted inEconomics
Deflation: Definition, Causes, Effect & Control of Deflation
Deflation refers to a persistent or continuous fall in the general price level. The value of money increases during a deflationary period.
Posted inEconomics
Imperfect Market: Definition, Features, Types, Merits & Demerits
An imperfect market may be defined as any market structure where either the buyers or the sellers can influence the prices of goods and services because they are few in number. An imperfect market deals in different products.
Posted inEconomics
Inflation in Nigeria: Causes, Control & Solutions
Inflation is a worldwide phenomenon but the rate varies from country to country.
Nigeria has been experiencing a high rate of inflation estimated to be well over 45%. Despite the various measures adopted to control inflation it has defied solutions.
Posted inEconomics
Stock Exchange Market: Definition, Functions & Examples
The stock exchange market is a market which deals with the buying and selling of long term financial assets (securities) such as stocks and shares.
Mortgage Banks: Definition, Functions & Examples
A mortgage bank is specifically set up for the purpose of providing long-term loans for building houses. E.g. Federal Mortgage Bank or Imani Mortgage Finance Ltd.