Team finds special engines and fuels could cut air emissions and water use
Advanced fuels and new engine designs could reduce emissions and water use over the next 30 years, according for a new study led by Argonne scientists.
Jul 31, 2020
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414
Energy & Green Tech
Advanced fuels and new engine designs could reduce emissions and water use over the next 30 years, according for a new study led by Argonne scientists.
Jul 31, 2020
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414
Consumer & Gadgets
China's Huawei has overtaken Samsung to become the number-one smartphone seller worldwide in the second quarter on the back of strong domestic demand, industry tracker Canalys said Thursday.
Jul 30, 2020
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Business
Leaders of the world's four most powerful companies will defend the Internet giants, painting them as US success stories in a fiercely competitive world during a major antitrust hearing Wednesday.
Jul 29, 2020
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Engineering
In a worldwide first that could jumpstart a clean energy economy built around the most abundant element in the universe, hydrogen fuel cells have powered a row of datacenter servers for 48 consecutive hours, Microsoft announced ...
Jul 28, 2020
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Energy & Green Tech
Researchers at the National Renewable Energy Laboratory (NREL) have conducted the first global assessment into the most promising approaches to end-of-life management for solar photovoltaic (PV) modules.
Jul 14, 2020
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132
Business
Uncertainties around the trade war between the U.S. and China have hurt businesses and weighed on the global economy. However, new research from the University of California San Diego also shows lesser known consequence: ...
Jul 14, 2020
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Business
U.S. tech giant Google is investing in a $10 billion fund to help accelerate India's transition to a digital economy in the next five to seven years.
Jul 13, 2020
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Business
Google's first U.S. operations center is coming to northwest Mississippi.
Jul 9, 2020
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5
Energy & Green Tech
France's oldest nuclear power plant will shut down on Tuesday after four decades in operation, to the delight of environmental activists who have long warned of contamination risks, but stoking worry for the local economy.
Jun 28, 2020
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Machine learning & AI
Artificial intelligence and machine learning technologies are poised to supercharge productivity in the knowledge economy, transforming the future of work.
Jun 23, 2020
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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