economy

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The economy is the way we produce goods and services and how these goods and services are distributed and used by consumers. In a broad sense, an economy doesn’t have to be a specific size as long as it involves the production and consumption of goods and services.

In a broad sense, everyone contributes to the economy, whether they produce goods or services or consume them. Historically, goods and services were bartered (traded), but in today’s world they are normally purchased with financial instruments. Because of this, the people who control the financial instruments control the economy.

Governments also rely on taxes to raise funds to provide social goods and services, which are levied based on economic activity.

Mismanagement of economic resources can lead to a recession or depression, while good management of economic resources leads to prosperity.

Since World War II, we have seen the “world economy” come into vogue. Organizations such as the World Economic Forum, World Bank, and World Trade Organization now tie different economies together. This has led to a greater awareness of global ecology and how we can sustain the world. It has also made all the economies become more interdependent on each other.

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  • 3rd Annual CFO Saudi Strategies Forum 2012 – Saudi Arabia


    IT EVENT — Authority Authority: 132
    May 29, 2012 to May 30, 2012 Riyadh, Saudi Arabia CFO Strategies Forum Saudi Arabia is highlighting the current global economic and financial scenarios and their effects on Saudi Arabia. This includes assessing predicted trends, taking an in-depth look at the real financial case studies, and a meticulous ...
    2 hours ago

  • The Citizens United Catastrophe


    The Moderate Voice — Authority Authority: 647
    WASHINGTON — We have seen the world created by the Supreme Court’s Citizens United decision, and it doesn’t work. Oh, yes, it works nicely for the wealthiest and most powerful people in the country, especially if they want to shroud their efforts to influence politics behind shell corporations. It just doesn’t ...
    2 hours ago

  • World Bank: ‘The measures taken in Europe only buy time’


    Spanish Property News — Authority Authority: 410
    In his speech at the Herzliya Conference held in Israel last week, the President of the World Bank, Robert B. Zoellick, warned that “the measures adopted in Europe for now only buy time. We are facing one of the key moments in the future of European construction”. Zoellick addressed the economic crisis gripping ...
    2 hours ago

  • Directory of SCREEN DOORS & WINDOWS in NUNAVUT Updated!


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    The REALLY Made In Canada ™ Local Online Guides & Directories have been updated to include the latest regional information, businesses, services, and organizations related to Screen Doors & Windows in Nunavut, Canada. The Nunavut business listings, website links, and resources provided here, are just part of ...
    20 hours ago

  • Are Your Finances a Wreck?


    Rich Credit Debt Loan — Authority Authority: 464
    As the housing crisis worsens and the economy looks increasingly weak, most Americans are facing the reality that their finances are in a bit of a wreck. Chronic overspending , a lack of savings and too much bad debt has left many in a financial condition that they would prefer not to be in. Here are some top warning ...
    21 hours ago

  • Should the United Nations Have the Power to Impose Global Taxes?


    Big Government — Authority Authority: 770
    What’s the worst policy idea that would cause the most damage to society? I’m tempted to say the value-added tax since our hopes of restraining the federal government will be greatly undermined if we give the buffoons in Washington a new source of revenue. Indeed, this is one of the reasons why Mitt Romney may ...
    21 hours ago

  • Barack Obama: Raising taxes for Christ [Reader Post]


    Flopping Aces — Authority Authority: 600
    Barack Obama: On the eighth day, God said “raise taxes” President Barack Obama has been taking lumps from Republicans for years over his support for Wall Street and health care reform, but today at the National Prayer Breakfast he claimed support from on high to defend two of his most controversial ...
    21 hours ago

  • Will there be a nursing home shortage?


    South Carolina Nursing Home Blog — Authority Authority: 114
    The Kaiser Health News reported the potential for a shortage of nursing homes for the babyboomers.  The first baby boomers hit age 65 last year. By 2030, 20 percent of the U.S. population will be at least 65, up from 13 percent today. In that same period, the number of 85-year-olds will increase more than 50 ...
    21 hours ago

  • Why India is Riskier than China


    China-US Focus — Authority Authority: 124
    Today, fears are growing that China and India are about to be the next victims of the ongoing global economic carnage. This would have enormous consequences. Asia’s developing and newly industrialized economies grew at an 8.5% average annual rate over 2010-11 – nearly triple the 3% growth elsewhere in the world. ...
    22 hours ago

  • The True Cost of Owning a Pet


    Vero Beach Real Estate — Authority Authority: 110
    Thinking of getting a pet in the new year? Here are three things to consider when budgeting for a pet. 1. Routine Vet Care2. Emergency Care3. Optional Costs Questions or comments? Wed love to hear from you. Just click the comment link below. Your email address will never be shared on this site, even though [...]
    22 hours ago

  • Super Bowl 2012 = Greenest Super Bowl Ever? (Infographic)


    CleanTechnica — Authority Authority: 616
      Sports leagues and franchises are increasingly “going green”, and the NFL is no exception. The Super Bowl 2012 (aka Super Bowl XLVI) host committee, the NFL, the Indianapolis community, and people around the country are looking to improve on the greening of the Cowboys stadium and Super Bowl XLV . Check out ...
    22 hours ago

  • GCC branches granted equality to local companies


    Dubai Chronicle — Authority Authority: 479
    UAE cabinet today gave its nod for GCC companies to open branches in the UAE and achieve full equality between their branches and those of national counterparts.
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  • Jill Stein Occupies Indiana


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    You may have heard that there will be protests outside the Super Bowl today. Those protests won’t be against the Super Bowl itself, but about a law just passed in Indiana , where the football game is being held. That law makes Indiana a “right to work” state. Of course, people in Indiana already had the ...
    22 hours ago

  • Benefits of a Pharmacy Staffing Agency


    Piggy Bank Finances — Authority Authority: 146
    By Adrianna Noton For many businesses and organizations, using a staffing agency provides many benefits. Sometimes it’s much easier to find what you’re looking for with the help of an agency whose job it is to fill jobs. Some staffing agencies take the process even farther, by specializing in one particular area. ...
    22 hours ago

  • Directory of SCREEN DOORS & WINDOWS in NORTHWEST TERRITORIES Updated!


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    The REALLY Made In Canada ™ Local Online Guides & Directories have been updated to include the latest regional information, businesses, services, and organizations related to Screen Doors & Windows in Northwest Territories, Canada. The Northwest Territories business listings, website links, and resources ...
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  • Know How To Reduce Your Energy Bills This Winter By Draught Proofing Your Home Quickly


    catallaxy.net — Authority Authority: 113
    After the cold snap last winter, it is very likely that you want to learn how to reduce your energy bills this winter by draught proofing you home. There are five forms of insulation that you can opt for and draught proofing is just one of them. Luckily, it is also the cheapest method at your disposal. Learn How to ...
    23 hours ago

  • Talks on Greek bailout hang in the balance


    ExaminerPolitics.com — Authority Authority: 140
    DEMETRIS NELLAS Associated Press ATHENS, Greece Representatives of Greeces creditors met again Sunday with Prime Minister Lucas Papademos to press ...
    23 hours ago

  • Romney Credits Business Owners — Not Obama — for Improving Economy – Wall Street Journal (blog)


    Finance, Business & Money News by FinanceLogger.com — Authority Authority: 123
    Los Angeles Times Romney Credits Business Owners — Not Obama — for Improving Economy Wall Street Journal (blog) Mr. Romney, who is heavily favored to win Saturdays Nevada caucuses, also treated the western state to a fuller description of his time spent working for the 2002 Winter Olympics in ...
    23 hours ago

  • MacBook All-in-One For Dummies by Mark L. Chambers (2010, Paperback)


    ModCool — Authority Authority: 147
    US $14.00 (0 Bid) End Date: Sunday Feb-05-2012 6:21:25 PST Buy It Now for only: US $17.00 Bid now | Buy it now | Add to watch list Originally posted here: MacBook All-in-One For Dummies by Mark L. Chambers (2010, Paperback)
    23 hours ago

  • Greek-Troikan War in the Shadow of a “Default” Ultimatum


    Keep Talking Greece — Authority Authority: 520
    We could also title this article “Greek-Troijan War” with the Troika being on the Trojan front riding a Trojan horse. A trick-offer apparently aiming  to save the country but in fact targeting to economically destroy the Greek citizens. Dramatic negotiations without results so far are taking place under an ...
    23 hours ago

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