Many people are sure that money and finance are one and the same. In fact, there are so many differences between them that it is difficult to call these concepts synonymous. However, how can these two economic terms, similar at first glance, differ?
Not all concepts in scientific disciplines and subjects are clear at first sight. Many of them are inaccessible to a person who is interested, but does not have specialized knowledge in this area. Therefore, this article attempts to explain the concept of "gross harvest" from all possible angles and in simple language
Is Romania really such a poor country, as they say about it? Having gone through a difficult path of economic development, it has greatly changed its position for the better. You can read about what the modern Romanian economy is like in this article
It is difficult to find complete information about the Cuban economy in Russian-language sources. The subject of the Cuban economy is not particularly popular in Russia. This is actually wrong, since the stages of its development and the current state are really worthy of closer attention
Europe is currently one of the strongest economic players in the world. Having a difficult integration experience behind them, European countries were able to establish cooperation within the framework of various associations: the European Union, the Eurozone, the UN, etc. You can read about the history of European integration and modern economic realities observed in Europe in this article
The development of the Belarusian economy is in line with common European trends: the role of the information sphere, marketing and management is increasing. Having received a profession in one of these areas, you can earn decent money. The article presents the professions that are the most highly paid in Belarus
After the accident at the Fukushima nuclear power plant, blue fuel has become a popular source of energy for many developed countries. In the long term, several dozen gas exporting countries will benefit from this. In addition, deep processing of natural raw materials is of increasing importance for the global economy, when a variety of products are obtained from it - from fuel to fertilizers and synthetic fibers
An industrial city in the Karaganda region in Soviet times was called "Kazakhstan Magnitka". The city-forming enterprise is the country's largest metallurgical plant JSC "ArcelorMittal", which employs a significant part of the population of Temirtau. Here, then it was called the Karaganda Metallurgical Plant, the President of Kazakhstan N.A. Nazarbayev began his career
A small, highly developed country in the northwest of Europe with advanced industry and intensive agriculture. The Belgian economy has flourished for over half a century thanks to its favorable geographic location, the use of modern technology and a highly educated, multilingual workforce. Since ancient times, the country has been a world center for diamond cutting and diamond trading
Macroeconomics is the branch of economics concerned with the efficiency, structure, behavior, and decision making of the economy as a whole, rather than the behavior of individuals and firms. The main actors in macroeconomics are policy makers responsible for fiscal policy (taxation and government spending) and monetary policy (setting interest rates)
Pareto efficiency is most often used to refer to a state of the economy that allows society to extract the maximum possible utility from all available technologies and resources. At the same time, an increase in the share of any market participant necessarily entails a deterioration in the position of others
One of the most common forms of imperfect competition today is oligopoly. This concept is still vague for many, so let's look at it in more detail
Each of us is a consumer at heart! In order to feel comfortable in life, we need one or another product of production, which is called just that: consumer goods
This article describes a detailed description of Germany: the economic situation in the country, the cost of living, prices for various groups of goods, the availability of work and education, wages, medicine in the country, social benefits, housing costs and other costs (transport, entertainment, etc.)
Considering the issue of calculating pensions for Russian citizens, first of all, it is worth dwelling on those payments that residents of the capital can count on. This is very significant, because Moscow has the largest number of pensioners - about three million
It's hard to believe that in an overpopulated country where the birth of every child is almost a crime, there are empty cities. New buildings, highways, shops, parking lots, kindergartens, offices are being built in China. Of course, housing is provided with engineering and communication networks, water supply, electricity, and sewerage. Everything is ready for life. However, China is in no hurry to send its citizens to empty cities
Economic subjects are individuals or social groups that study the surrounding world and its objects and influence them in the course of their work. They can be: an individual, a family, social groups, enterprises, the state, and so on. The subjects of economic relations make decisions, putting their skills into practice, and are responsible for the results of their work. Let's take a look at their specifics
The OKPD classifier presents the coding and classification of products, including goods, works and services. Used mainly for statistical purposes and to ensure the entry of products to international markets in connection with its harmonization with the CPA 2002 European Classification
In this article we will talk about such a phenomenon as capital flight. Consider what consequences it can lead to, what forms it has, and how to deal with it
An article about where such a large external debt of our country to other states came from and how things are today
What is gross capital formation? What features does it have? How does capital formation depend on GDP (gross domestic product)? All these questions and more can be answered in this article. In addition, find out the statistics of the development of national income in the Russian Federation over the past ten years
The Libor rate, information about which is accumulated by Thomson Reuters on the order of the Intercontinental Exchange (ICE), is an important indicator of the state of the financial system. It represents the average interest rate on interbank loans. Its growth indicates the absence of free cash resources in this market
Economics is an incredibly important science in our time. Millions of people in the modern world become participants in economic relations without knowing it. In this article we will analyze the goals and objectives of the economy
In the system of economic relations it is impossible to do without such a specific commodity as labor power. The labor market (as this component of the economy is most often called) is the most important sphere of the political and social life of society. It is here that employment conditions are fixed and wage rates are worked out
Purchasing power is one of the most important economic indicators. The purchasing power of the population characterizes the general level of well-being of both an individual average consumer and the population of the whole country as a whole
The idea of integrating European states was born after the end of the Second World War. Fifty years later, in 1992, the European Union was officially created
According to experts, the government of our country is trying to constantly support businesses, including start-up entrepreneurs
The concept and types of economic relations can be defined in different ways. Obviously, this term implies a connection between someone. Most often, it indicates the interaction of a person with any thing. But you need to look at this definition from the point of view of economic science. Therefore, we are talking about the relations of economic entities regarding goods
An article about the history of grain exports from Russia and the USSR, about the limitation of supplies abroad and its reasons, about grain exports from Russia at present
The production structure of modern enterprises is a complex multi-stage economic system based on the interaction of all financial, material and labor resources. The production and technical unity of all structural components is determined by the purpose of the manufactured products and is a fundamental characteristic of a modern enterprise
Gross crop harvest is the total volume of agricultural production harvested, which can be calculated for one specific crop or for a specific group of crops. The term has been used since 1954. The measure of measurement is natural units. A synonym for this concept is gross agricultural output
Having gone through all the stages from feudalism to a market economy, the states of the planet Earth were divided into categories, the leading of which is a set called "Developed countries"
As a child, the most mysterious inscription on toys was "made in China". But today we know what influence the country of origin has on our consumer choice
The article describes the size and features of the US territory. Examples are given showing the specificity of some of its characteristics
The gold standard is a monetary system that was abandoned in the last century. How correct is this? History of development. Another interpretation of the term
The Latin word nomina is translated as "names", "names". And when they try to separate things using their names, or they take designations as the basis for differences, and not some real properties, then we are talking about nominal differences. There is another meaning, where nominal is a word that characterizes something by its superficial, limited meaning
Every company wants to be reckoned with. But until she has achieved worldwide fame, she needs to somehow show her success. Managers would also do well to know whether the company is making a profit or not. For this purpose, a formula was invented by which it is possible to calculate the sustainability coefficient of economic growth and find out in which direction the company is moving
The economy of four states - Hong Kong, Singapore, Taiwan and South Korea - made such a powerful breakthrough in its development in the period from the 60s to the 90s of the last century that each of the above countries received an unofficial name in the world media - "Asian tiger". They are also called "East Asian tigers", or "four Asian small dragons"
Costing is the calculation of the cost of producing or selling a unit of a product (a group of units, work, services), determined in cost form. In order for the company to work effectively, it is necessary to take the pricing process seriously. At the same time, costing is, perhaps, its main element and the most important stage in calculating the financial result of the enterprise
Business activity of a business entity is reflected in the financial aspect in the speed of turnover of its funds. At the same time, with the help of profitability, the level of profitability of the activity of this entity is reflected