Poststeam07 in # blurtlife • 6 yr. ago • 2 min readWe should save money from our young age!It takes a lot of money to have control of life, so control of money means control of life. Experts say young people need to create awareness among themselves about the need for savings, set a savings goal, take savings as a useful thing like food, and increase savings by reducing income and spending. Experts have come up with some strategies to…team07 in # blurtchef • 6 yr. ago • 4 min readConcept of Perfectly Competitive Market !A Perfectly Competitive Market is a market system in which there will be a large number of buyers and sellers, the product to be considered will be homogeneous or similar, buyers and sellers will have full knowledge of the market, buyers and sellers will have free entry and exit rights to the market and there will be no control over the price…team07 in # blurtech • 6 yr. ago • 3 min readBasic Economics: Concept of SupplyConcept of Supply In the general sense, supply refers to the production of a good. But supply in the economy is the quantity of goods that sellers are willing to sell in the market at a given time. The supply of any commodity is usually dependent on production. The supply of goods is affected by price and time. In the case of supply, it is…team07 in # blurtech • 6 yr. ago • 5 min readThe demand for a product depends on a number of factors!Determinants of Demand The demand for a product depends on a number of factors. If any one of these criteria changes, then the demand for the product will change. The following criteria are mentioned: (1) Tastes and Preferences of the Consumers: Consumer tastes and preferences determine the demand for a product. The higher the consumer's taste…team07 in # blurtech • 6 yr. ago • 2 min readIndia showed the power of hypersonic technology!After the era of supersonic technology, India entered the era of hypersonic technology. While China was testing India's military prowess and endurance in East Ladakh, India officially announced its intention to master the technology. This technology makes it possible to build hypersonic (faster than sound) cruise missiles. This is the first…team07 in # blurtech • 6 yr. ago • 2 min readThere is no shortcut way to make a lot of money in a short time!As a result of reckless use, the sea water is reduced one day! There may be controversy over this proverb, but in the case of wealth it is eternal. So, it has been found that almost all of the rich people who become richer day by day use some ‘common’ techniques. 1. Savings: If you want to know the only effective way to get rich, the answer is…team07 in # blurtech • 6 yr. ago • 3 min readBasic Economics: Fundamental Economic Problem!Every day we have to face different economic problems. Such as: poverty, inflation, unemployment, etc. We consider the scarcity of common resources as economic problems. Every society has to deal with this problem. But in addition to these problems there are three fundamental or central problems of the economy. Source: economicshelp.org The…team07 in # blurtech • 6 yr. ago • 2 min readRisk Reduction Strategies in new Business!If you want to start a new business, then it is important to make the right decision in some matters. This includes hiring manpower, identifying ways to make a profit, etc. You also need to be aware of the initial risks. Here some discussion of business risk reduction strategies: Use established ways of earning: Trying to increase your income…team07 in # ulog • 6 yr. ago • 2 min readDemand and SupplyImage Source Generally, the quantity of goods that a person is willing to buy at a certain price at a given time is called the demand for that commodity. Here are the three features hidden in ‘willing to buy’ statements.First, the person must have the desire to buy the product,Second, he must have the money to buy the product, andFinally, he…team07 in # ulog • 6 yr. ago • 3 min readGame Review: Two fun games on smartphones will increase your brain performance!In this age of smartphones, mobile games are gaining popularity day by day. People are leaning towards these mobile games nowadays besides computer games. Someone who doesn't like games may not be found right now. so many different types of mobile games have been created. Various games like racing, shooting, role playing or puzzle games are being…team07 in # blurt365 • 6 yr. ago • 4 min readFundamentals of Economics: MarketWhat is Market Market usually refers to a particular place where a variety or a commodity is traded. But the word market is used a little differently in economics. In economics, the market is a arrangement whereby parties may buy or sell commodity or products at a fixed price through direct or indirect bargaining.Analyzing the definitions, some…
