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Economy

The Future Of The World Economy

Last year the world economy grew by 5%, the fastest in recent years, led by extraordinary growth in China and a very high growth in countries in the world, most of the other third. United States and Japan also have very strong growth, despite the West’s most pathetic performance. Can the good times last? Or [...]

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The first credit card

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In 1950, American Express and Diners Club launched their charge cards in the USA, the first “plastic money”. In 1951, Diners Club issued the first credit card to 200 customers who could use it at 27 restaurants in New York. But it was only until the establishment of standards for the magnetic strip in 1970 [...]

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Effect of Economic to the Ecology

INTRODUCTION: The ecology has developed from the study of natural biological systems, emphasizes the dynamic relationships between the various components of a system. Economics, with its nineteenth century origins in mechanistic concepts influenced by the industrial revolution, takes a more static view of the balance of accounts at the end of each accounting cycle. It [...]

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