Vertical Market.

A vertical market is a market in which vendors offer goods and services specific to an industry, trade, or profession. The term “vertical market” is also used to describe a group of customers who share a common set of needs. How do you identify a vertical market? There are a few different ways to identify … Read more

What Is the January Effect?

The January effect is the tendency for stock prices to rise during the month of January. This phenomenon was first identified in the early 1900s, and has been observed in markets around the world. There are a number of theories as to why the January effect exists, but the most commonly cited reason is that … Read more

Who Was John Stuart Mill?

John Stuart Mill was born in London, England on May 20, 1806. He was a British philosopher, political economist, and civil servant. His father, James Mill, was a Scottish philosopher, historian, and economist. His mother was Harriet Barrow. Mill was educated by his father, who tutored him in history, philosophy, and economics. He also read … Read more