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Reportedly, Toby Rimes, a poodle, inherited $20 million from New Yorker Ella Wendel in 1931. [11] [12] In fact, it seems that no such bequest was made.[13]In 2021, the Associated Press and several other news organizations reported that a German Shepherd dog named Gunther VI inherited $400 million dollars from Countess Karlotta Leibenstein of Germany.
Nature-based tourism, such as to visit protected areas, also has an important economic impact. [56] For example, ecotourism, where the motivation of tourists is to observe and appreciate nature and the cultures in natural areas, while supporting their maintenance. [57] In 2023, the global ecotourism market was estimated to be worth US$216.49 ...
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Cohen argued that the most important reason for similarities between two (or more) unrelated societies is their possession of a similar adaptive strategy. In other words, similar economic causes have similar sociocultural effects. For example, there are clear similarities among societies that have a foraging (hunting and gathering) strategy.
An important way of replacing a resource is by synthesis, for example, industrial diamonds and many kinds of graphite, although a certain kind of graphite could be almost replaced by a recycled product. Most graphite is synthetic, for example, graphite electrodes, graphite fiber, graphite shapes (machined or unmachined), and graphite powder.
Various competing schools of thought exist in the field. Some are close to resource and environmental economics while others are far more heterodox in outlook. An example of the latter is the European Society for Ecological Economics. An example of the former is the Swedish Beijer International Institute of Ecological Economics.
Economic data has been strong all summer, but there are some signs of softening not only in what people say, but in how they behave as well. Three words loom over the US economy: 'Hard data ...
Over 1.5 million living animal species have been described—of which around 1 million are insects—but it has been estimated there are over 7 million in total. Animals range in size from 8.5 millionths of a metre to 33.6 metres (110 ft) long and have complex interactions with each other and their environments, forming intricate food webs .