Business

What is considered rich in the USA?

In the United States, being considered "rich" typically means having a household income significantly above the national average, often starting at around $200,000 per year. This level of income places…

Read More

What are the three parts of money?

Money is a fundamental aspect of our daily lives, and understanding its components can enhance financial literacy. The three primary parts of money are medium of exchange, unit of account,…

Read More

What are the roles of money?

Money plays a vital role in modern economies, serving as a medium of exchange, a unit of account, a store of value, and a standard of deferred payment. Understanding these…

Read More

What is the 70:20:10 smart goal?

The 70:20:10 model is a learning and development framework that suggests a balanced approach to skill acquisition and professional growth. It emphasizes that 70% of learning comes from on-the-job experiences,…

Read More