Energy & Green Tech
Today we make more clothing than ever before. And the driver for this is primarily economic, rather than human need. Over the past decade, the term "circular economy" has entered the fashion industry lexicon, wherein materials ...
Jun 22, 2022
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8
Business
Google's corporate parent on Tuesday posted its slowest quarterly revenue growth since 2020, the latest sign that the huge gains enjoyed by technology companies during the pandemic are fading into the rear-view mirror.
Apr 27, 2022
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Consumer & Gadgets
While digital platforms like Uber continue to proliferate and expand the gig economy into new sectors of work, some industries, such as live music, have structural features that keep them from adapting well to online platforms.
Apr 22, 2022
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35
Business
A Paris court on Tuesday fined the British meal delivery group Deliveroo after ruling it was guilty of "undeclared labour" for using freelance riders who should have been classified as employees, depriving the state of millions ...
Apr 19, 2022
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45
Business
Google and other companies will fail to meet ambitious climate targets unless legislation and regulations are quickly approved and imposed to ramp up demand for cleaner forms of energy, the tech giant said in a new policy ...
Apr 14, 2022
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49
Business
Samsung Electronics expects operating profits for the first quarter to rise 50.3 percent, the South Korean tech giant said in a statement Thursday, despite global supply chain woes.
Apr 7, 2022
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3
Energy & Green Tech
A huge number of used parts end up in the scrap yard for recycling every year. It is far more resource-efficient, however, to remanufacture alternators, starters and the like as part of a recirculation approach. This reduces ...
Apr 1, 2022
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19
Business
The European Union and United States made a breakthrough in their yearslong battle over the privacy of data that flows across the Atlantic with a preliminary agreement Friday that paves the way for Europeans' personal information ...
Mar 25, 2022
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10
Business
Clean energy transitions can be successful if institutional investors, corporates and governments increase the funding of renewable infrastructures.
Mar 17, 2022
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9
Energy & Green Tech
As a young child in the mid-1960s, my days were spent living an idyllic rural life on a dairy farm in the village of Lewdown in the heart of Devon. I recall many happy days exploring the glorious countryside, living a life ...
Mar 16, 2022
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15
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
