Friday, March 27, 2015

During the process of indebtedness the expenses of the individual systematically exceed their income in the long run. In cases of loans: the partner using the production loan cannot increase their production profit sufficently enough to pay the interests of the loan so repaying the loan solely from production profit is not resolved.

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Tags: loan, indebtedness

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Monday, March 23, 2015

Loans are a resource transfer which the creditor provides to the borrower with a predetermined or open goal. A service which the borrower equalizes through interest over the duration of the loan according to the specified conditions provided in the contract

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Monday, February 16, 2015

According to the Marxist theory superprofit is the surplus profit above average profit. The economic literature describes it as a surplus profit that was gained above capital gains in a perfect competition. It's nature is temporary since it is the result of special circumstances. Others think that the term is nonsensical since a capitalist always pursues as much profit as possible.

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Tags: profit, capital, trade, world

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Wednesday, November 19, 2014

Retail is the sale of goods and services from individuals or businesses to the end-user.

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Tags: activity, selling, product, merchant

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