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Economic Moat Business Definition + Examples
An economic moat is a business’ ability to maintain competitive advantages over its competitors in order to protect its long-term profits and market share from competing firms 1 . Just like in the traditional sense, a moat is the company’s line of defense that protects it from its competitors. It differentiates and thus uplifts the […]
10 Banks, money, and the credit market The Economy 1.0
Some of the funds lent to farmers are borrowed from commercial banks like the JS Bank at interest rates averaging 32% per annum, representing a cost to the moneylenders. And the costs of the extensive screening and collection of the debts further reduces the profits made by the lenders. Monetary policy involves the strategies employed […]