By favoring allies, Inflation Reduction Act could delay decarbonization efforts
A new supply chain shortage is on the horizon, and it impacts the international effort to curb global warming.
Jan 16, 2023
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Business
A new supply chain shortage is on the horizon, and it impacts the international effort to curb global warming.
Jan 16, 2023
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26
Business
Greater electrification of the economy is an essential part of Aotearoa New Zealand's climate policy, as set out in the emissions reduction plan.
Dec 13, 2022
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3
Business
Cryptocurrency lender BlockFi filed for Chapter 11 bankruptcy protection Monday, the latest casualty of the collapse of crypto exchange FTX.
Nov 28, 2022
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Energy & Green Tech
For the everyday products we use, a pattern has become numbingly familiar: Something is made, we use it, we throw it away. Yet, for a sustainable future—one where we don't simply extract and toss resources—we need to ...
Nov 22, 2022
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Energy & Green Tech
Global leaders at COP27 are discussing how best to mitigate greenhouse gas emissions and maintain global warming below 2°C to avoid catastrophic climate change.
Nov 17, 2022
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Automotive
Gas-electric hybrids were the most dependable vehicles sold in the U.S. in the past year, while big pickup trucks and fully electric automobiles performed the worst in Consumer Reports' annual reliability survey.
Nov 15, 2022
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Business
South Korean tech giant Samsung Electronics on Thursday said its third-quarter operating profits were down 31.39 percent year on year after a global economic downturn hit demand for consumer electronics.
Oct 27, 2022
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Internet
Summertime revenue growth at Google's corporate parent slipped to its slowest pace since the pandemic jarred the economy more than two years ago, with advertisers clamping down on spending and bracing for a potential recession.
Oct 25, 2022
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Energy & Green Tech
Swansea University academics have pioneered a process that converts the carbon found in discarded facemasks to create high-quality single-walled carbon nanotubes (CNT) which were then used to make Ethernet cable with broadband ...
Oct 18, 2022
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16
Business
United States labor officials proposed a rule change Tuesday that could make it easier for gig workers such as Uber drivers to be reclassified as employees entitled to benefits.
Oct 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