Search results
Results from the WOW.Com Content Network
USS Congress was a nominally rated 38-gun wooden-hulled, three-masted heavy frigate launched on 15 August 1799. She was one of the original six frigates of the newly formed United States Navy and, along with her sister ships, was larger and more heavily armed than standard frigates of the period.
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 ...
You are free: to share – to copy, distribute and transmit the work; to remix – to adapt the work; Under the following conditions: attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made.
Wikipedia:Picture of the day is an image which is automatically updated each day with an image from the list of featured pictures. The {{ POTD }} template produces the image shown above. Category:Wikipedia Picture of the day lists the different templates that can be used.
In human history, before the first cities, all humans lived in a subsistence economy. [citation needed] As urbanization, civilization, and division of labor spread, various societies moved to other economic systems at various times.
The word economy in English is derived from the Middle French's yconomie, which itself derived from the Medieval Latin's oeconomia. The Latin word has its origin at the Ancient Greek's oikonomia or oikonomos. The word's first part oikos means "house", and the second part nemein means "to manage". [7]
A traditional economy is a loosely defined term sometimes used for older economic systems in economics and anthropology. It may imply that an economy is not deeply connected to wider regional trade networks; that many or most members engage in subsistence agriculture, possibly being a subsistence economy; that barter is used to a greater frequency than in developed economies; that there is ...
In 1962, they introduced the name Aldi—short for Albrecht-Diskont, which translates into English as Albrecht Discount, which became their formal corporate name in 1975. [23] Aldi Nord and Aldi Süd have been financially and legally separate since 1966. [21] The individual groups were originally owned and managed jointly by the brothers. [24]