Business & Economics Category

Google (c) Buddyloan.com
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Infographic: What happens in a second on Google’s services?

It’s out of the question that Google has turned into a worldwide internet phenomenon; the company operates the most successful search engine with google.com, the most popular video website (YouTube) and provides Android, the world’s most commonly used operating system for smartphones. This infographic shows you what Google does, while you spend your time on…

“If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry, employed in a way in which we have some advantage.”

Adam Smith (1776)

“The Stone Age did not end for lack of stone, and the Oil Age will end long before the world runs out of oil.”

Sheikh Ahmed Zaki Yamani, Oil Minister of Saudi Arabia, 1970s.

"For the first time in human history, several countries have inverted age pyramids with more people above the age 60 than below age 20, more people live in cities than in the countryside, and more people suffer from obesity than from hunger."

-—Mauro F. Guillén and Emilio Ontiveros in Global Turning Points, page 44.

"Tokyo Stock Exchange: Trading at the Tokyo Stock Exchange reflects Japan's rising level of economic activity." Sep 1, 1950. Source: US Army
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What is insider trading?

Insider trading is the trading of a public company‘s stockor other securities (such as bonds or stock options) by individuals with access to non-public information about the company. In various countries, insider trading based on inside information is illegal. This is because it is seen as unfair to other investors who do not have access to the information. Trading by specific insiders, such…

Originally uploaded to English Wikipedia by Glen Larson (en:User:Glenlarson), February 17, 2005.
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What was the Great Depression in Central Europe?

The Great Depression severely affected central Europe. The unemployment rate in Germany, Austria and Poland rose to 20% while output fell by 40%.By November 1932, every European country had increased tariffs or introduced import quotas. Under the Dawes Plan, the German economy boomed in the 1920s, paying reparations and increasing domestic production. Germany’s economy retracted…

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