As far as the current market scenario is concerned, there is no room for monopolies here. Every other day there is a new company emerging, especially when it comes to the wireless industry. But how has this exactly affected the average consumer? Well, the introduction of the newer companies brings along a strategy to acquire new customers. This strategy involves cutting down the prices of the plans, as compared to all that’s being offered in the market. in order to deal with this and to retain their existing customers, other companies would also reduce their prices. This creates a win-win situation for the buyer. One example for this in the Swedish short term loan market. In was formed in 2006, now there more then 10 big companies competing (source “sms lån topplist”. The service has gone up and the prices down.
Archive for the ‘Economic Policy’ Category
Kiva.org is one of the well-known sites which would match the donors or investors with those people who are looking to finance all kinds of commercial projects in most of the under-developed countries. There are profiles of people online, looking for funds for their projects. The donors do not have to necessarily fund the whole project; they can simply donate the amount they are comfortable with. Usually, it takes a group of lenders to fund one single project. In return, there would be a return on your investment, starting from a microscopic level.
America consists of a free enterprise system as a model for other nations. The economic success validates the view that the economy operates best as soon as government leaves individuals and businesses on its own in the competitive markets. But exactly businesses are not completely free in such a system. There are loads of government regulations which shape the business operations. The government produces thousands of new regulations to find out what businesses can and cannot do. The American outlook towards government directive is highly unstable and regulations have grown tighter. However with the current economic conditions, it remains to see how much the governments would intervene with the businesses.