Purpose
-
What Is Contractionary Policy? Definition, Purpose, and Example
A contractionary policy is a policy used by governments such as the United States to shrink the money measurement to reduce the rate of currency circulation. It is a macroeconomic…
-
Reserve Banks: Definition, Purpose, Types and Requirements
Reserve Banks, also known as central banks, are financial institutions that play a crucial role in a country’s monetary system. They are typically responsible for controlling and regulating the money…
-
What is Microsoft(With Definition, Purpose, History, Features,and Uses)
Microsoft Corporation was founded by the visionaries Bill Gates and Paul Allen on 4 April 1975, and has since become a cornerstone for the global tech industry, meaning the company…
