Economy

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Author: DK Publishing

ISBN-10: 0756658268

ISBN-13: 9780756658267

Category: Business & Careers

The most trusted nonfiction series on the market, Eyewitness Books provide an in-depth, comprehensive look at their subjects with a unique integration of words and pictures. A new edition to the list, Eyewitness Economy unravels the mysteries and paradoxes of how economies work, or fail. Illustrated throughout with illuminating photos, the book answers questions such as: why is money valuable, why do recessions happen and why are some countries rich and others poor?

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The most trusted nonfiction series on the market, Eyewitness Books provide an in-depth, comprehensive look at their subjects with a unique integration of words and pictures. A new edition to the list, Eyewitness Economy unravels the mysteries and paradoxes of how economies work, or fail. Illustrated throughout with illuminating photos, the book answers questions such as: why is money valuable, why do recessions happen and why are some countries rich and others poor?

What is the economy? 6Economic goals 8Who decides? 10Making choices 12Owning things 14Division of labor 16Trade 18The birth of money 20Markets and prices 22Banking 24Savings and investments 26Currencies and exchange rates 28Companies and corporations 30The workforce 32Shares and bonds 34Speculation 36Booms and busts 38Credit crunch 40The role of governments 42Measuring the economy 44Tax 46Inflation 48The shadow economy 50Unemployment 52Globalization 54Rich and poor 56Can aid work? 58Future challenges 60The economy and you 62World in numbers 64Timeline 66Glossary 68Find out more 71Index 72