Productivity is an economic measure that calculates how many goods and services have been produced by each factor used (worker, capital, time, costs, etc.) in their obtaining in a given period of time.
Choosing a topic for a thesis paper or written order is not always easy. In choosing Unlike many other documents and texts, you have a job or an education often the subject itself. And you must provide a definition of the subject. But through the step by step to go ahead with what you find interesting is to select and define the topic a very manageable problem.
How to make a Speech in School ? You have been given the task of school to give a talk. You have no idea what topic you choose. And how can you talk to? What order should you continue in your conversation? And finally, how can you control your nerves? Follow steps one by one, and you are guaranteed a good character.
The writing process | Definition and Steps:- To provide a well-written product is unwise to sit directly behind the computer. Before you begin, you need to ask you some questions. Why do I write? How should it look like? Who reads? How do I sound? Use the acronym DOPT you can easily remember what things you should think about. In the first step of the writing process to ask yourself some questions. You can remember this by the acronym deleted. D stands for goal, O formatting, P to the public and T for tone. If you DOPT remember and what it stands for, always ask yourself the right questions before you start writing. DOPT comes from the acronym raft. R is for the role of A for the audience, F for focus and T for tone.
Capital Formation Definition & Importance:- The term which is used to describe the net capital is known as capital formation in the business world. The production activity of an economy requires investing, that is, allocating a portion of production as capital dedicated to the production of new goods and services.
The economic resources are the material or immaterial means that allow to satisfy certain needs within the productive process or the commercial activity of a company.
Goods in Economics | Definition and Types:- In economics , the concept of property refers to those physical elements that somehow satisfy human needs. There is a wide typology of goods according to their characteristics, and to speak of them we must sort them by categories. Therefore, we have goods according to their degree of scarcity, their function, their degree of transformation, the ease of access to them or their relationship with income.
Difference between Gross and Net Amount:- It is very common to hear the terms of gross and net , both when it comes to wages, as when we look at the income statement a company or when we say a macroeconomic data. The gross and net measure the same magnitude , but they are different concepts and must know how to distinguish them so that there is no confusion. The two concepts are quantitative expressions used for the calculation of economic magnitudes.
How has the year 2016 been for the World Economy? Large economic changes occurred in 2016, such as central bank monetary policies and the rise in raw materials (mainly oil). There have also been major political changes that have affected markets. Just two days after the end of the year we analyze the great economic changes that have taken place this year.
The year 2016 has been characterized by its economic changes, but what awaits us in this New Year? We analyzed the five major challenges facing the economy worldwide in 2017.