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Wednesday, February 27, 2013
Costs of Production and Marginal Returns
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When operating a business a leader has to make decisions about how best to increase profitability. One of the most fundamental decisions an ...
Supply Elasticity
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Similar to demand elasticity, supply elasticity describes an economic concept based on changes to price. In the case of demand elasticity,...
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Tuesday, February 26, 2013
Fidel Castro, Che Guevara, and The Cuban Revolution
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Because of economic inequality, Latin American leaders throughout the last 60+ years have had to struggle with the reality that many people ...
Simon Bolivar El Libertador
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Simon Bolivar has been referred to as the Latin American George Washington - and rightfully so. After the Americans achieved their independe...
Monday, February 25, 2013
The Encomienda System
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After the arrival of the Spanish in the Americas, a political, social, and economic system was setup to spread the word of Christianity and ...
Hernan Cortes and the Conquering of the Aztecs
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After the arrival of Spanish in Cuba and the Caribbean, the next objective was to explore the shores of Eastern Mexico. Some contact had bee...
The Voyages of Columbus
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During the late 1400's Castile (a powerful Spanish territory on the Iberian Peninsula) was locked in an economic struggle for dominance ...
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