EU lawmakers back step towards curbs on Big Tech
Major EU legislation to impose unprecedented restrictions on how US tech giants do business passed a first and significant hurdle on Tuesday.
Nov 23, 2021
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Major EU legislation to impose unprecedented restrictions on how US tech giants do business passed a first and significant hurdle on Tuesday.
Nov 23, 2021
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If ever there was a vehicle segment ready for a shake-up, it's the minivans. For three years running, Edmunds' experts have considered the Honda Odyssey one of the top rated in the class. The Odyssey set the minivan bar high ...
Nov 17, 2021
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U.S. data storage technologies, like hard-disk drives (HDDs), contain imported rare-Earth elements in their magnets. As the demand for data storage increases, the supply of critical materials will become more limited.
Nov 11, 2021
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After years of negotiations, G20 leaders on Saturday endorsed an historic deal aimed at ending tax havens, although some developing countries complain it still falls short.
Oct 31, 2021
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South Korean tech giant Samsung Electronics posted a 28-percent jump in operating profit on Thursday despite global supply chain challenges caused by the pandemic.
Oct 28, 2021
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Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation's increasing commitment to EV technology.
Oct 25, 2021
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The Biden administration on Wednesday outlined plans to expand offshore wind development across almost all U.S. coasts, raising the prospect that turbines could be installed from the Carolinas to California.
Oct 14, 2021
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EPFL researchers have built a footbridge prototype using reinforced-concrete blocks from walls of a building being renovated. The blocks were cut into individual pieces on site and assembled into a prestressed arch. This ...
Oct 11, 2021
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US President Joe Biden will use this week's inaugural technology ministerial with the European Union to push for solutions to the nagging semiconductor supply issue that has hit the American economy, officials said Monday.
Sep 27, 2021
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Tesla boss Elon Musk on Friday said that a global semiconductor shortage hitting car firms especially hard would be overcome soon.
Sep 24, 2021
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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