Democratic senators propose clean energy tax credits
Two U.S. senators from states with declining manufacturing sectors are pushing to invest $8 billion through tax credits to create clean energy jobs.
Mar 1, 2021
1
5
Energy & Green Tech
Two U.S. senators from states with declining manufacturing sectors are pushing to invest $8 billion through tax credits to create clean energy jobs.
Mar 1, 2021
1
5
Business
German industrial giant Siemens turned a page Wednesday as a new chief executive followed a restructuring drive after a year marked by falling sales due to the coronavirus pandemic.
Feb 3, 2021
0
5
Business
Amazon said Wednesday it was committing $2 billion to help create more affordable housing in the area around its second headquarters near the US capital and other hubs of the tech and retail giant.
Jan 6, 2021
0
5
Business
Whether in Paris, Kuala Lumpur or California, gig economy workers fear they can no longer survive on meagre earnings from jobs that leave them increasingly vulnerable.
Dec 16, 2020
0
6
Machine learning & AI
Spain is to invest 600 million euros (725 million dollars) in developing artificial intelligence over the next two years as part of plans to transform its national economy, the premier said Wednesday.
Dec 2, 2020
0
68
Business
The EU on Wednesday unveiled proposals for rules covering the transfer of valuable data as it aims to create an innovation hub on a par with the US and China.
Nov 25, 2020
0
4
Machine learning & AI
Saudi Arabia announced Thursday it will invest $20 billion in artificial intelligence projects by 2030, as the oil-rich country seeks to diversify its economy amid slumping crude prices.
Nov 19, 2020
0
7
Energy & Green Tech
Japanese engineering giant Toshiba will not build any more coal-fired power plants and will shift to renewable energy in a bid to reduce greenhouse emissions, the company's president said Wednesday.
Nov 11, 2020
0
13
Security
The Internet of Things (IoT) is already all around us. Online devices have become essential in industries from manufacturing and healthcare to agriculture and environmental management, not to mention our own homes. Digital ...
Nov 5, 2020
0
4
Automotive
America's love of big autos translated into blowout results Thursday for General Motors, which also benefited from recovering sales in China following a big hit amid the coronavirus pandemic.
Nov 5, 2020
0
3
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