Economy 2024, March

Purchasing power of money: concept, levels, inflation impact and financial implications

Purchasing power of money: concept, levels, inflation impact and financial implications

The purchasing power of money is an important point in the system of financial education for every person who wants to put their affairs in order and understand the workings of the money mechanism in order to achieve personal success and prosperity

When did the dollar become the world currency: in what year and why?

When did the dollar become the world currency: in what year and why?

The Bretton Woods system, which established the rules by which world finance actually functions today, was approved 75 years ago. Why did the US dollar become the world's currency? How did events develop further? In what year did the dollar become the world's currency? Understanding in order

Economic system: concept, types and features

Economic system: concept, types and features

What is an economic system and how does it affect the life of an individual state? What types of economic systems exist in the world, how do they differ, and what advantages and disadvantages do they have? This article will tell everyone about it

What is a break-even point: concept, definition and calculation formula with examples

What is a break-even point: concept, definition and calculation formula with examples

Business is impossible without the analysis of its processes. Before you start your own business or open a new direction, you should make sure that it will bring profit. It is also important how long it takes to reach a stable income. The calculation of the break-even point makes it possible not to make a mistake at the initial stage

Market economy: concept, main forms of the economic system and their models

Market economy: concept, main forms of the economic system and their models

This article considers the market economy in modern conditions. Its characteristics, subjects, forms and foundations of functioning are presented. The advantages and disadvantages of this form of management in modern conditions are studied

Market conditions: market analysis, methods and essence of analysis

Market conditions: market analysis, methods and essence of analysis

What is market analysis? Why is it necessary to analyze the market conditions of the enterprise? What are the methods of analysis, its tasks and purpose? How to analyze the investment market conditions? What factors affect supply and demand?

Market entry barrier: definition and structure

Market entry barrier: definition and structure

The market entry barrier represents the obstacles that an enterprise must overcome in order to enter a particular area. It also represents a source of price control and power, thanks to which an individual firm can safely raise prices without losing its customers. Such barriers to entry into the industry market are due to a number of factors, which can be found in this article

French wine regions: a list of the most famous

French wine regions: a list of the most famous

For hundreds of years, France has enjoyed a reputation as a world leader in winemaking. Today, the country competes with other wine-producing countries on four continents, facing new challenges. The French wine industry, producing new wines for the world and European markets, also preserves the centuries-old national traditions of winemaking

Japan's economy in brief: features, current state

Japan's economy in brief: features, current state

Japan, which is also called the Land of the Rising Sun, is a relatively small island state located in the Pacific Ocean. The country is located in an archipelago, which is characterized by mountainous terrain. The main islands are: Kyushu, Honshu, Hokkaido and Shikoku. The population density is significant, since 126 million people are concentrated in a small area. It is now tenth in the world

Population of Tanzania - size and dynamics

Population of Tanzania - size and dynamics

Tanzania is a medium-sized country in the east of the African continent. It has access to the Indian Ocean. Its history includes both pre-colonial and colonial periods. The population of Tanzania is about 60 million people. and growing rapidly

How to calculate return on sales: calculation formula. Factors affecting the profitability of sales

How to calculate return on sales: calculation formula. Factors affecting the profitability of sales

This article discusses an important issue that is essential for any type of business - profitability of sales. How to calculate it? How to increase? What affects profitability? The answers to these and other questions can be found in this article

Main models of economic growth

Main models of economic growth

If every moment of interest was tested in practice, this would significantly slow down the development of science and make us less efficient. To prevent such a scenario, simulations were invented. It can affect various everyday situations, consider constructions and many other areas. including the economy

Types of bonds, their classification and characteristics

Types of bonds, their classification and characteristics

To increase your savings, there are many different financial instruments. One of the most popular and demanded are bonds. This is such a broad concept that it is even difficult for many to give it a precise definition. And if we talk about the types of bonds, then in general, few people will be able to say something on the case. And it needs to be fixed

Life in England: conditions, pros and cons, everyday life of ordinary people in England

Life in England: conditions, pros and cons, everyday life of ordinary people in England

"London is the capital of Great Britain" - without exaggeration, we can say that this expression is familiar to almost every inhabitant of the earth. England is also called Foggy Albion, and in recent decades - the birthplace of Harry Potter

GDP of Tajikistan. Place of the country in world rankings

GDP of Tajikistan. Place of the country in world rankings

Where is Tajikistan? What is the volume of Tajikistan's GDP in 2017? How many people in the country are economically active? What is the GDP per person? Why are GDP volumes unstable?

"Capital", Karl Marx: summary, criticism, quotes

"Capital", Karl Marx: summary, criticism, quotes

"Capital" is an encyclopedia for many politicians, economists and philosophers. Despite the fact that the work of Marx is more than 100 years old, it does not lose its relevance to this day. This article presents a summary of "Capital" by Karl Marx and the main ideas of the work of a lifetime of a brilliant philosopher and political scientist

Compound interest functions. Theory of the Time Value of Money

Compound interest functions. Theory of the Time Value of Money

What is compound interest? Why does money lose its purchasing power over time? How to find out how much you need to pay the bank in order to repay your loan on time? How many compound interest functions are there and what are they for?

Is there oil in Chechnya? Volumes of oil production in Chechnya

Is there oil in Chechnya? Volumes of oil production in Chechnya

Is there oil in Chechnya? What is the volume of oil production in Chechnya? How long has it been mined and what company is engaged in the development and operation of hydrocarbon fuel deposits? What are the prospects for Chechen oil production and what does Kadyrov dream of?

Characterization of factors of production. Income from factors of production

Characterization of factors of production. Income from factors of production

Even without being a student of economics, people often come across such a concept as a factor of production. What are the main characteristics of the factors of production? Is it possible to receive income from them and how to do it? How to improve the efficiency of the use of labor resources and determine the minimum amount of costs? All this is discussed in the article below

Unemployment in China: the main reasons

Unemployment in China: the main reasons

The problem of unemployment is relevant for many countries. The growth of the world's population, combined with scientific and technological progress, leads to an oversupply in the labor market. People themselves are becoming more demanding in terms of working conditions and wages. As a result, it is more profitable for companies to move their production to low-income countries. This allows you to save on wages. But at the same time, unemployment is rising. China is one of the clearest examples of this

Thai economy: currency, GDP, energy, industry, standard of living

Thai economy: currency, GDP, energy, industry, standard of living

Thailand is one of the largest countries in Southeast Asia. It is located on the Indochina Peninsula and in the northern part of the Malay Peninsula. This is the only country in the region where there was no colonial regime of European states. Thailand's economy has an average level of development. However, it varies greatly in different parts of the country

Agriculture of the Nizhny Novgorod region: structure and statistics

Agriculture of the Nizhny Novgorod region: structure and statistics

The Nizhny Novgorod Region is one of the administrative entities of the Russian Federation. It is part of the Volga Federal District. It is a fairly large region in terms of area when compared with other areas of the European territory of the country. Agriculture of the Nizhny Novgorod region is quite diverse, but in terms of development it lags behind many other regions of the Russian Federation

Industry of Nizhny Novgorod: structure and manufacturing companies

Industry of Nizhny Novgorod: structure and manufacturing companies

Nizhny Novgorod is one of the major cities in the central part of European Russia. It is the administrative center of the Nizhny Novgorod Region and the Volga Federal District. This is one of the oldest cities in the country. It is located at the confluence of the Volga and Oka rivers

Malaysian economy: industries and agriculture

Malaysian economy: industries and agriculture

Malaysia is one of the countries in Southeast Asia. Its western part is located in the south of the Malay Peninsula, and the eastern part is in the north of the island of Kalimantan. The state structure of the country is a federal constitutional monarchy. Economically, Malaysia is quite developed, and the living conditions of the population are favorable. There is a large proportion of the middle class, and relatively few poor and rich

Long run in macro- and microeconomics

Long run in macro- and microeconomics

Long-term is a concept in economics that characterizes a rather long period of time during which a change in all factors of production can occur and a new economic equilibrium can be established. Often used in business analysis

Finnish agriculture: sectors and characteristics

Finnish agriculture: sectors and characteristics

Finland is one of the Nordic countries. It is the easternmost of the Scandinavian states. It is located in the taiga forest zone of the Northern Hemisphere. It is washed by the waters of the B altic Sea and the Gulf of Finland. Despite the northern position, agriculture is quite well developed here

Chikhanchin Yuri Anatolyevich: biography and career

Chikhanchin Yuri Anatolyevich: biography and career

Yuri Anatolyevich Chikhanchin, director of financial monitoring, was born in the city of Krasnoyarsk, in an ordinary family, on June 17, 1951. At the age of seven he entered an elementary educational institution. He studied well, but he was not an excellent student. He got on well with classmates, knew how to find an approach to any teacher. After graduation, he entered one of the most prestigious universities in the city

Price range: definition, purpose and types

Price range: definition, purpose and types

Price range is an indicator of the cost between the upper and lower limits for similar products for a certain period of time. All products that are closer to the lower price limit are of poor quality, according to the market understanding of consumers. Products that reach the top of the price range are perceived as good, but do not have sufficient turnover

Life in Novosibirsk: level, conditions, pros and cons, reviews of those who moved

Life in Novosibirsk: level, conditions, pros and cons, reviews of those who moved

Novosibirsk is the third largest city in Russia. For this reason, it is not at all surprising that many seek to move to it. Life here has its own characteristics related to both the economic situation and the climate. The harsh natural conditions of the Trans-Urals leave their mark. In our article, we will consider reviews about life in Novosibirsk, advantages and disadvantages. Let's touch on the issue of conditions, standard of living and other aspects

Payment calendar is Definition, types, use, maintenance and example

Payment calendar is Definition, types, use, maintenance and example

Payment calendar is the main component of the operational financial planning of any organization. In another way, it is called a cash flow plan. A payment calendar is drawn up according to the rule, according to which all expenses are supported by valid sources of cash receipts. This tool reflects the real cash flows both in terms of income and expenditure

Life in Georgia: pros and cons. Should I move to Georgia?

Life in Georgia: pros and cons. Should I move to Georgia?

In April 1991, the Republic of Georgia became a sovereign state, it withdrew from the USSR. The history of this country for more than one century has been inextricably linked with the Russian Empire. Georgia became part of it in 1783. Since that time, many events, positive and negative, have passed. What is the country like today, what is life like in Georgia through the eyes of Georgians and emigrating people?

German budget: structure, revenues, terms of filling and distribution

German budget: structure, revenues, terms of filling and distribution

Germany is one of the most influential countries in Western and Central Europe, a major economic power. The state is spread over an area of 357.5 thousand square meters. km. The number of inhabitants is 82 million people. The capital of the country is the city of Berlin. Previously, it was divided into Eastern and Western parts, but then it was merged into one. The inhabitants speak German. The country's economy is one of the most advanced in the world, and Germany's budget structure is fairly balanced

Labor productivity: measured by the ratio of the real volume of the product and the efficiency of human labor

Labor productivity: measured by the ratio of the real volume of the product and the efficiency of human labor

Labor productivity is measured by the ratio of two simple quantities. This is the amount of product produced and the time spent on its production. Tasks to improve productivity wander from year to year, but are still far from being solved

The present and future value of money

The present and future value of money

The same amount of money is not equal to each other when it comes to time. The formula time - money has a mathematical description. This article is devoted to bringing to a common denominator the amounts of money spaced apart in time

P/E ratio: concept, interpretation, calculation formula, analysis and income

P/E ratio: concept, interpretation, calculation formula, analysis and income

One of the tools for fundamental analysis of the stock market is the multiplier of profit, which allows you to quickly assess the level of the current market price of the stock. This article is devoted to the calculation and application of this coefficient

Transport infrastructure of Russia and prospects for its development

Transport infrastructure of Russia and prospects for its development

Transport infrastructure is a complex complex that includes all types of transport: sea, rail, road, pipeline and river. It is she who ensures the exchange of goods and services (and even helps people see new places and meet new people). The transport infrastructure of Russia is of strategic importance for the functioning of the country as a whole and its individual regions, therefore, in April 2013, the program for its development until 2020 was revised

Monitoring the labor market. How not to sell your work too cheap?

Monitoring the labor market. How not to sell your work too cheap?

Monitoring of the labor market is an important process. It is of great importance for both employers and employees. Everyone seeks to find out what the average wage is on the labor market in order to sell their labor as profitably as possible if it is an employee, and what competitive wages to establish in the case of an employer in order to attract as many skilled and conscientious personnel as possible

The salary of a miner in Russia by years. How do miners live in Russia

The salary of a miner in Russia by years. How do miners live in Russia

Many people living in Russia know little about who miners are and how they live in Russia. Usually, all knowledge relates to the fact that they work deep underground and extract minerals. In general, the way it is, but there are still a lot of nuances in this profession. In order to fully understand who miners are, one must first understand what a mine is

Who can count on better living conditions?

Who can count on better living conditions?

Improving living conditions… Is there at least one person in the world who would never want this? For someone, finances allow you to buy an apartment, build a new beautiful house, or at least make repairs. And for some, this is not available. Many citizens of Russia live literally "on top" of each other

What are microfinance institutions?

What are microfinance institutions?

In economic science, microfinance is understood as specific monetary relations between organizations providing relevant services and small businesses within the framework of personal contact and territorial proximity. Such work involves the accumulation of funds, their provision under a simplified scheme