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10 Largest Companies in the World, Ranked by Market Value
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The world's biggest companies don't just shape the global economy in an abstract sense; they provide the products and services that make modern life more convenient and connected than ever before. They set trends, drive innovation and set the course for smaller companies in every sector from technology to healthcare to finance.
When, and Why, Did America Start Calling Its Citizens 'Consumers'?
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When did we start using the economics term consumers in place of the word citizens? Learn more in this HowStuffWorks Now article.
Why Countries Use Economic Sanctions to Prevent Conflict
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European nations just implemented crippling sanctions against Russia for invading Ukraine. But what exactly are sanctions and do they really work as intended?
What is stagflation and why is it so dangerous?
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Stagflation is explained in this article. Learn about stagflation.
What's the difference between a recession and a depression?
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Depression and recession are often used interchangeably, but there's a difference between them. Learn the economic cues that signal them.
How Exchange Rates Work
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Exchange rates are something you typically pay attention to when you're traveling abroad. Learn about exchange rates and find out why exchange rates fluctuate.
The Least Valuable Currency, Compared to the U.S. Dollar
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Not all money holds the same value. Some currencies suffer due to political unrest, high inflation, or poor central bank policies. In the global foreign exchange market, the least valuable currencies offer insight into a country’s economic health and challenges.
Most Powerful Countries: 2024 World Rankings
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The world's most powerful countries shape global affairs with economic strength, military power, tech, and cultural influence, driving international policy.
How Outsourcing Works
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Many companies are outsourcing manufacturing and services to combat rising business costs. Learn about outsourcing at HowStuffWorks.
13 Socialist Countries That Look Way Different From Each Other
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When people talk about socialist countries, they often picture full government control and no private ownership. But in practice, socialist economies vary widely.