Soon into a recession, when the media is filled with bad news, the good-news people have their say. Lots of things get popular in a recession is the message. Cheer up! In bad times inferior goods do ...

Reviewed by Robert C. KellyFact checked by Suzanne KvilhaugReviewed by Robert C. KellyFact checked by Suzanne Kvilhaug An inferior good is an economic term that describes a good whose demand drops ...

The current economic crisis is creating a “new normal” in consumer buying habits. Before the recent downturn, when consumers tried to save money, they traded down from branded products to ...

Economists call them "inferior goods" and they are fast becoming a hot commodity. Inferior goods are simply the kinds of low-priced alternatives that people turn to during hard economic times. And not ...

Nongshim, the nation's biggest snack maker, might be hoping the financial crisis continues, since it's been yielding greater profits during the economic downturn. According to Samsung Securities, ...

The influx of cheap, inferior goods on the Ghanaian market remains a major challenge for local manufacturing companies in Ghana. Speaking on this canker that keeps rearing its head up in the business ...