Uber courts drivers by letting them pick rides
Uber on Friday said it will let drivers in the United States see trip details before deciding whether to accept them—a new feature long sought by drivers.
Jul 30, 2022
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Business
Uber on Friday said it will let drivers in the United States see trip details before deciding whether to accept them—a new feature long sought by drivers.
Jul 30, 2022
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13
Automotive
German auto giant Volkswagen said Thursday that it was able to overcome global economic headwinds and supply chain issues to put in a "robust" performance in the first six months of 2022.
Jul 28, 2022
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Engineering
Firing bricks and making mortar and cement is very costly, but organic chemists at Flinders University are working on more sustainable alternatives—focusing on building materials made from waste products.
Jul 28, 2022
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Business
Meta, the parent company of Facebook and Instagram, posted its first revenue decline in history Thursday, dragged down by a drop in ad spending as the economy falters—and as competition from rival TikTok intensifies.
Jul 27, 2022
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Electronics & Semiconductors
A bill designed to encourage more semiconductor companies to build chip plants in the United States passed the Senate on Wednesday as lawmakers raced to finish work on a key priority of the Biden administration.
Jul 27, 2022
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Automotive
A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states.
Jul 26, 2022
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Electronics & Semiconductors
Calling semiconductors "the building blocks for the modern economy," President Joe Biden on Monday asked Congress to move quickly and send him a bipartisan bill designed to boost the computer chips industry and high-tech ...
Jul 26, 2022
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Energy & Green Tech
The world's transition to clean energy sources must be "just" and financed by the hydrocarbon trade, the climate change minister of oil-rich United Arab Emirates told AFP.
Jul 19, 2022
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3
Automotive
The average national price for gasoline has gone up almost $2 over the past year, according to the U.S. Energy Information Administration. That's not good news for some of the thirstiest vehicles on the road: pickup trucks. ...
Jul 13, 2022
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5
Business
Lobbyist Mark MacGann on Monday came out as the whistleblower who leaked thousands of compromising documents on US ride-hailing firm Uber to British newspaper The Guardian.
Jul 12, 2022
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An economy (or "the economy") is the realized economic system of a country or other area. It includes the production, exchange, distribution, and consumption of goods and services of that area. The study of different types and examples of economies is the subject of economic systems. A given economy is the end result of a process that involves its technological evolution, history and social organization, as well as its geography, natural resource endowment, and ecology, among other factors. These factors give context, content, and set the conditions and parameters in which an economy functions.
Today the range of fields of study exploring, registering and describing the economy or a part of it, include social sciences such as economics, as well as branches of history (economic history) or geography (economic geography). Practical fields directly related to the human activities involving production, distribution, exchange, and consumption of goods and services as a whole, range from engineering to management and business administration to applied science to finance. All kind of professions, occupations, economic agents or economic activities, contribute to the economy. Consumption, saving and investment are core variable components in the economy and determine market equilibrium. There are three main sectors of economic activity: primary, secondary and tertiary.
The word "economy" can be traced back to the Greek word "one who manages a household", derived from οἴκος, "house", and νέμω, "distribute (especially, manage)". From οἰκονόμος "of a household or family" but also senses such as "thrift", "direction", "administration", "arrangement", and "public revenue of a state". The first recorded sense of the word "economy", found in a work possibly composed in 1440, is "the management of economic affairs", in this case, of a monastery. Economy is later recorded in other senses shared by οἰκονομία in Greek, including "thrift" and "administration". The most frequently used current sense, "the economic system of a country or an area", seems not to have developed until the 19th or 20th century.
This text uses material from Wikipedia, licensed under CC BY-SA