News tagged with economy
Happiness and mental health are highest among people who eat seven portions of fruit and vegetables a day, according to a new report.
Health Oct 09, 2012 | 4.8 / 5 (5) | 0
More than 100 doctors from around the world have signed a letter decrying the high cost of cancer drugs which reach $100,000 per year or more, and calling for pharmaceutical companies to ease prices.
Medications Apr 26, 2013 | 5 / 5 (4) | 2
(Medical Xpress)—Researchers from The University of Western Australia have examined what motivates people who are greatly involved in the climate debate to reject scientific evidence.
Psychology & Psychiatry Aug 23, 2012 | 3.4 / 5 (5) | 1
Governments could add billions of dollars to their economies annually by funding the provision of an eye examination and a pair of glasses to the estimated 703 million people globally that needed them in ...
Other Oct 02, 2012 | 5 / 5 (3) | 0
Proposals designed to prevent non-communicable diseases (NCDs) such as "fat taxes" will have wide-ranging effects on the economy and health but wider research is needed to avoid wasting resources on ineffective measures, ...
Health Sep 20, 2012 | 2.4 / 5 (5) | 6 |
(Garrison, NY) In a feature article in The New Republic, Daniel Callahan and Sherwin Nuland propose a radical reinvention of the American medical system requiring new ways of thinking about living, aging, and dying. They argue that a sustainab ...
Health May 31, 2011 | 5 / 5 (2) | 1
Company-provided health insurance, one of the largest costs of US businesses and households alike, rose nine percent over the past year despite the sluggish economy, according to a new study released Tuesday.
Health Sep 27, 2011 | 5 / 5 (2) | 0
Be it at school, office, the neighborhood or the community people live in, conflicting situations amongst various groups might arise on an almost day to day basis. Today, the prevalence of these intergroup conflicts is on ...
Psychology & Psychiatry Oct 06, 2011 | 3 / 5 (2) | 0 |
Families are increasingly relying on public health insurance plans to provide coverage for their children, a growing trend that researchers say is tied to job losses, coverage changes to private health insurance plans, and ...
Health Jul 27, 2011 | 5 / 5 (1) | 0
(AP)—There's a new health care survey, and at first it sounds like good news about insurance costs.
Health Sep 11, 2012 | 5 / 5 (1) | 0
(HealthDay)—About half of medical students with no experience with robotic-assisted laparoscopic surgery can learn basic skills within two sessions using a simulator, according to a study published in the ...
Surgery Mar 29, 2013 | 4 / 5 (1) | 0
Teaching students of all ages about the value of diversity and the serious mental health impacts of bias and stereotyping will help end widespread discrimination in the United States, according to a new American Psychological ...
Psychology & Psychiatry Mar 27, 2012 | 3 / 5 (1) | 0
Cuba said Tuesday it has closed 54 hospitals since 2010, a sign that recent drastic budget cuts are taking a toll on one of this Communist island's most prized achievements: its vaunted healthcare system.
Health Oct 10, 2012 | 3 / 5 (1) | 0
(Medical Xpress)—Smokers are costing the UK economy £1.4 billion by taking an average of two or three days more sick leave per year than their non-smoking colleagues, a new study has revealed.
Addiction Nov 01, 2012 | 1 / 5 (1) | 0 |
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.
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