Podcast-review

Hi, this is my review of a podcast by Uchenna and Kareem. From the get go the podcast was very interesting alot of detail and information and good pictures to good with the valid information. The only negative perspective I have is that they could of had a better intro a good picture to get the viewer interested. The way they were talking about the F.E.D(Federal Reserve) seems like they been doing it for years like they work for the Ferderal Reserve. There tone of voice was excellent. The pictures were good in detail and very helpful. The information they had was veryhelp I learned new things about he federal reserve I didn't know. This was a great podcast, one of the best. If I could give a grade on this I would give a 95 on it.

Insider Trading Scandal - What Happened?

The thing that really occured was that people who worked for there companys got information that their stocks are declining. Once they obtain the information that its going down they tell others about it and they sell their stock and the profit of the stocks go down dramitacally. This is why its illegal .

Compound Interest and the rule of 72

The Compound Interest is the calculation of how much money earned in a certain amount of years depending on the percentile gain. You can only gain per year after you set the money aside for saving. 72 is simple its an equation where each person can determine the exact amount money the earned and how long it will take them to double there money.

Types of economic systems

-Traditional Economies
-Centrally Planned (Command) Economy
-Market Economy
-Mixed Economy

These are the four types of economic systems each one varies from the next. Traditonal economies are economies that are found in rural, non developed countries, customs govern the econmoic decisions that are made, technology is not used in traditonal economies , men and women have differernt roles in this system. The peoples roles are passed down from there parents and grandparents.

The 2nd type of economic system is Centrally Planned (Command) Economy. It is is an economic system in which the state or goverment controls the factors of production and makes all decisions about their use and about the distribution of income. In such an economy, the planners decide what should be produced and direct enterprises to produce those goods.

The 3rd system is Market Economy. It is an economic system in which the production and distribution of goods and services takes place through the mechanism of free markets guided by a free price system rather than by the state in a planned economy.

The 4th is a mixed economy its an economy that has a mix of economic systems. It is usually defined as an economy that contains both private-owned and state-owned enterprises^[1] or that combines elements of capitalism and socialism, or a mix of market economy and command economy.^[2]
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Types of economic systems

-Traditional Economies
-Centrally Planned (Command) Economy
-Market Economy
-Mixed Economy

These are the four types of economic systems each one varies from the next. Traditonal economies are economies that are found in rural, non developed countries, customs govern the econmoic decisions that are made, technology is not used in traditonal economies , men and women have differernt roles in this system. The peoples roles are passed down from there parents and grandparents.

The 2nd type of economic system is Centrally Planned (Command) Economy. It is is an economic system in which the state or goverment controls the factors of production and makes all decisions about their use and about the distribution of income. In such an economy, the planners decide what should be produced and direct enterprises to produce those goods.

The 3rd system is Market Economy. It is an economic system in which the production and distribution of goods and services takes place through the mechanism of free markets guided by a free price system rather than by the state in a planned economy.

The 4th is a mixed economy its an economy that has a mix of economic systems. It is usually defined as an economy that contains both private-owned and state-owned enterprises^[1] or that combines elements of capitalism and socialism, or a mix of market economy and command economy.^[2]
T