Life is expensive. The average person requires certain items and services to maintain a standard lifestyle. The Bureau of Labor Statistics breaks down necessary expenses into eight categories: apparel, education, housing, medical care, recreation, transport, and other goods. The costs associated with…

DEFINITION Ceteris Paribus, a Latin expression that means “all things being equal,” is used to explain the theory behind laws of economics and nature. It is used by experts to explain laws of nature and economics. If nothing else changes, it means that most of the times something will happen…

DEFINITION A Bear Market is when the broad market price falls at least 20% over a period of a few weeks from its most recent high. The Key Takeaways A bear market is when the stock market as a whole drops by 20% in a short period of time. As the broad market is more likely to be in an increasing price…

“Per capita ” means “per person.” In statistics, business, and economics, this term is used to describe an average per person. The Key Takeaways The Latin word per capita means “per person.” The term per capita is used often to give context to data. Divide the…

The U.S. Securities and Exchange Commission is a federal organization that oversees U.S. Stock Market. The SEC has greatly reduced the chances of another Great Depression in the U.S. Formation History Congress established the SEC in 1935 to restore public confidence in Financial Markets following the…

DEFINITION Standard & Poor’s (S&P). is a reference to S&P Global. This company provides business intelligence, research, and analysis. S&P is best known for credit ratings and S&P bonds ratings. The Key Takeaways Standard & Poor’s is a business information company, now…