1.
Manufacturing
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Manufacturing is the value added to production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation. Manufacturing engineering or manufacturing process are the steps through which raw materials are transformed into a final product, the manufacturing process begins with the product design, and materials specification from which the product is made. These materials are modified through manufacturing processes to become the required part. Manufacturing takes turns under all types of economic systems, in a free market economy, manufacturing is usually directed toward the mass production of products for sale to consumers at a profit. In a collectivist economy, manufacturing is more directed by the state to supply a centrally planned economy. In mixed market economies, manufacturing occurs under some degree of government regulation, modern manufacturing includes all intermediate processes required the production and integration of a products components. Some industries, such as semiconductor and steel manufacturers use the term fabrication instead, the manufacturing sector is closely connected with engineering and industrial design. Examples of major manufacturers in North America include General Motors Corporation, General Electric, Procter & Gamble, General Dynamics, Boeing, Pfizer, examples in Europe include Volkswagen Group, Siemens, and Michelin. Examples in Asia include Sony, Huawei, Lenovo, Toyota, Samsung, in its earliest form, manufacturing was usually carried out by a single skilled artisan with assistants. In much of the world, the guild system protected the privileges. Before the Industrial Revolution, most manufacturing occurred in rural areas, entrepreneurs organized a number of manufacturing households into a single enterprise through the putting-out system. Toll manufacturing is an arrangement whereby a first firm with specialized equipment processes raw materials or semi-finished goods for a second firm, manufacturing provides important material support for national infrastructure and for national defense. On the other hand, most manufacturing may involve significant social and environmental costs, the clean-up costs of hazardous waste, for example, may outweigh the benefits of a product that creates it. Hazardous materials may expose workers to health risks and these costs are now well known and there is effort to address them by improving efficiency, reducing waste, using industrial symbiosis, and eliminating harmful chemicals. The negative costs of manufacturing can also be addressed legally, developed countries regulate manufacturing activity with labor laws and environmental laws. Across the globe, manufacturers can be subject to regulations and pollution taxes to offset the costs of manufacturing activities. Labor unions and craft guilds have played a role in the negotiation of worker rights. Environment laws and labor protections that are available in developed nations may not be available in the third world, tort law and product liability impose additional costs on manufacturing
2.
Transport
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Transport or transportation is the movement of people, animals and goods from one location to another. Modes of transport include air, rail, road, water, cable, pipeline, the field can be divided into infrastructure, vehicles and operations. Transport is important because it enables trade between people, which is essential for the development of civilizations, terminals may be used both for interchange of passengers and cargo and for maintenance. Vehicles traveling on these networks may include automobiles, bicycles, buses, trains, trucks, people, helicopters, operations deal with the way the vehicles are operated, and the procedures set for this purpose including financing, legalities and policies. In the transport industry, operations and ownership of infrastructure can be public or private, depending on the country. Passenger transport may be public, where operators provide scheduled services, freight transport has become focused on containerization, although bulk transport is used for large volumes of durable items. Transport plays an important part in growth and globalization, but most types cause air pollution. While it is subsidized by governments, good planning of transport is essential to make traffic flow. A mode of transport is a solution that makes use of a type of vehicle, infrastructure. The transport of a person or of cargo may involve one mode or several of the modes, each mode has its own advantages and disadvantages, and will be chosen for a trip on the basis of cost, capability, and route. Human powered transport, a form of transportation, is the transport of people and/or goods using human muscle-power. Modern technology has allowed machines to enhance human power, human-powered vehicles have also been developed for difficult environments, such as snow and water, by watercraft rowing and skiing, even the air can be entered with human-powered aircraft. Animal-powered transport is the use of working animals for the movement of people, humans may ride some of the animals directly, use them as pack animals for carrying goods, or harness them, alone or in teams, to pull sleds or wheeled vehicles. A fixed-wing aircraft, commonly called airplane, is a craft where movement of the air in relation to the wings is used to generate lift. The term is used to distinguish this from rotary-wing aircraft, where the movement of the lift surfaces relative to the air generates lift, a gyroplane is both fixed-wing and rotary-wing. Fixed-wing aircraft range from small trainers and recreational aircraft to large airliners, two things necessary for aircraft are air flow over the wings for lift and an area for landing. The majority of aircraft also need an airport with the infrastructure to receive maintenance, restocking, refueling and for the loading and unloading of crew, cargo and passengers. While the vast majority of land and take off on land, some are capable of take off and landing on ice, snow
3.
Retail
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Retail markets and shops have a very ancient history, dating back to antiquity. Retailing involves the process of selling goods or services to customers through multiple channels of distribution to earn a profit. Retailers satisfy demand is identified through a supply chain, Once the strategic retail plan is in place, retailers devise the retail mix which includes product, price, place, promotion, personnel and presentation. In the digital age, a number of retailers are seeking to reach broader markets by selling through multiple channels. Digital technologies are changing the way that consumers pay for goods. Retailing support services may include the provision of credit, delivery services. Shopping generally refers to the act of buying products, sometimes this is done to obtain final goods, including necessities such as food and clothing, sometimes it takes place as a recreational activity. Recreational shopping often involves window shopping and browsing, it not always result in a purchase. Retail shops occur in a range of types and in many different contexts - from strip shopping centres in residential streets through to large. Shopping streets may restrict traffic to pedestrians only, forms of non-shop retailing include online retailing and mail order. Retail comes from the Old French word tailler, which means to cut off, clip, pare and it was first recorded as a noun with the meaning of a sale in small quantities in 1433. Like in French, the retail in both Dutch and German also refers to the sale of small quantities of items. Also see History of merchants, History of the market place, open air, public markets were known in ancient Babylonia and Assyria. These markets typically occupied a place in the towns centre, surrounding the market, skilled artisans, such as metal-workers and leather workers, occupied premises in alley ways that led to the open market-place. These artisans may have sold wares directly from their premises, in ancient Greece markets operated within the agora, and in ancient Rome the forum. In antiquity, exchange involved direct selling, merchants or peddlers, the Phoenicians, noted for their seafaring skills, plied their ships across the Mediterranean, becoming a major trading power by 9th century BCE. The Phoenicians imported and exported wood, textiles, glass and produce such as wine, oil, dried fruit, the Phoenicians extensive trade networks necessitated considerable book-keeping and correspondence. In around 1500 BCE, the Phoenicians developed an alphabet which was much easier to learn that the complex scripts used in ancient Egypt
4.
Pest control
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Pest control refers to the regulation or management of a species defined as a pest, and can be perceived to be detrimental to a persons health, the ecology or the economy. A practitioner of pest control is called an exterminator, Pest control is at least as old as agriculture, as there has always been a need to keep crops free from pests. In order to maximize production, it is advantageous to protect crops from competing species of plants. Techniques such as rotation, companion planting, and the selective breeding of pest-resistant cultivars have a long history. In the UK, following concern about animal welfare, humane pest control, for instance, with the urban red fox which territorial behaviour is used against the animal, usually in conjunction with non-injurious chemical repellents. In rural areas of Britain, the use of firearms for pest control is quite common, chemical pesticides date back 4,500 years, when the Sumerians used sulfur compounds as insecticides. The Rig Veda, which is about 4,000 years old, in the 20th century, the discovery of several synthetic insecticides, such as DDT, and herbicides boosted this development. Many pests have only become a problem as a result of the actions by humans. Modifying these actions can often reduce the pest problem. In the United States, raccoons caused a nuisance by tearing open refuse sacks, many householders introduced bins with locking lids, which deterred the raccoons from visiting. House flies tend to accumulate wherever there is activity and live in close association with people all over the world especially where food or food waste is exposed. Similarly, seagulls have become pests at many seaside resorts, tourists would often feed the birds with scraps of fish and chips, and before long, the birds would rely on this food source and act aggressively towards humans. Living organisms evolve and increase their resistance to biological, chemical, physical or any form of control. Perhaps as far ago as 3000BC in Egypt, cats were being used to control pests of grain such as rodents. In 1939/40 a survey discovered that cats could keep a population of rats down to a low level. However, if the rats were cleared by trapping or poisoning, ferrets were domesticated at least by 500 AD in Europe, being used as mousers. Mongooses have been introduced into homes to control rodents and snakes, biological pest control is the control of one through the control and management of natural predators and parasites. For example, mosquitoes are often controlled by putting Bt Bacillus thuringiensis ssp. israelensis, the treatment has no known negative consequences on the remaining ecology and is safe for humans to drink
5.
Restaurant
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A restaurant, or an eatery, is a business which prepares and serves food and drinks to customers in exchange for money. Meals are generally served and eaten on the premises, but many also offer take-out and food delivery services. In Western countries, most mid- to high-range restaurants serve alcoholic beverages such as beer, wine, some restaurants serve all the major meals, such as breakfast, lunch, and dinner. Other restaurants may serve a single meal or they may serve two meals or even a kids meal. Restaurants may be classified or distinguished in different ways. The primary factors are usually the food itself, the cuisine and/or the style of offering, beyond this, restaurants may differentiate themselves on factors including speed, formality, location, cost, service, or novelty themes. In the former case, customers usually wear casual clothing, in the latter case, depending on culture and local traditions, customers might wear semi-casual, semi-formal or formal wear. Typically, at mid- to high-priced restaurants, customers sit at tables, their orders are taken by a waiter, after eating, the customers then pay the bill. Another restaurant approach which uses few waiters is the buffet restaurant, customers serve food onto their own plates and then pay at the end of the meal. Buffet restaurants typically still have waiters to serve drinks and alcoholic beverages, fast food restaurants are also considered a restaurant. The travelling public has long been catered for with ships messes and railway restaurant cars which are, in effect, many railways, the world over, also cater for the needs of travellers by providing railway refreshment rooms, a form of restaurant, at railway stations. In the 2000s, a number of travelling restaurants, specifically designed for tourists, have been created and these can be found on trams, boats, buses, etc. A restaurants proprietor is called a restaurateur /ˌrɛstərəˈtɜːr/, like restaurant, professional cooks are called chefs, with there being various finer distinctions. Most restaurant will have various waiting staff to serve food, beverages and alcoholic drinks, including busboys who remove used dishes and cutlery. In finer restaurants, this may include a host or hostess, a maître dhôtel to welcome customers and to them. A new route to becoming a restauranter, rather than working ones way up through the stages, is to operate a food truck, once a sufficient following has been obtained, a permanent restaurant site can be opened. This trend has become common in the UK and the US, a chefs table is a table located in the kitchen of a restaurant, reserved for VIPs and special guests. Patrons may be served a themed tasting menu prepared and served by the head chef, Restaurants can require a minimum party and charge a higher flat fee
6.
United Nations
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The United Nations is an intergovernmental organization to promote international co-operation. A replacement for the ineffective League of Nations, the organization was established on 24 October 1945 after World War II in order to prevent another such conflict, at its founding, the UN had 51 member states, there are now 193. The headquarters of the UN is in Manhattan, New York City, further main offices are situated in Geneva, Nairobi, and Vienna. The organization is financed by assessed and voluntary contributions from its member states, the UNs mission to preserve world peace was complicated in its early decades by the Cold War between the US and Soviet Union and their respective allies. The organization participated in actions in Korea and the Congo. After the end of the Cold War, the UN took on major military, the UN has six principal organs, the General Assembly, the Security Council, the Economic and Social Council, the Secretariat, the International Court of Justice, and the UN Trusteeship Council. UN System agencies include the World Bank Group, the World Health Organization, the World Food Programme, UNESCO, the UNs most prominent officer is the Secretary-General, an office held by Portuguese António Guterres since 2017. Non-governmental organizations may be granted consultative status with ECOSOC and other agencies to participate in the UNs work, the organization won the Nobel Peace Prize in 2001, and a number of its officers and agencies have also been awarded the prize. Other evaluations of the UNs effectiveness have been mixed, some commentators believe the organization to be an important force for peace and human development, while others have called the organization ineffective, corrupt, or biased. Following the catastrophic loss of life in the First World War, the earliest concrete plan for a new world organization began under the aegis of the US State Department in 1939. It incorporated Soviet suggestions, but left no role for France, four Policemen was coined to refer to four major Allied countries, United States, United Kingdom, Soviet Union, and China, which emerged in the Declaration by United Nations. Roosevelt first coined the term United Nations to describe the Allied countries, the term United Nations was first officially used when 26 governments signed this Declaration. One major change from the Atlantic Charter was the addition of a provision for religious freedom, by 1 March 1945,21 additional states had signed. Each Government pledges itself to cooperate with the Governments signatory hereto, the foregoing declaration may be adhered to by other nations which are, or which may be, rendering material assistance and contributions in the struggle for victory over Hitlerism. During the war, the United Nations became the term for the Allies. To join, countries had to sign the Declaration and declare war on the Axis, at the later meetings, Lord Halifax deputized for Mr. Eden, Wellington Koo for T. V. Soong, and Mr Gromyko for Mr. Molotov. The first meetings of the General Assembly, with 51 nations represented, the General Assembly selected New York City as the site for the headquarters of the UN, and the facility was completed in 1952. Its site—like UN headquarters buildings in Geneva, Vienna, and Nairobi—is designated as international territory, the Norwegian Foreign Minister, Trygve Lie, was elected as the first UN Secretary-General
7.
United States
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Forty-eight of the fifty states and the federal district are contiguous and located in North America between Canada and Mexico. The state of Alaska is in the northwest corner of North America, bordered by Canada to the east, the state of Hawaii is an archipelago in the mid-Pacific Ocean. The U. S. territories are scattered about the Pacific Ocean, the geography, climate and wildlife of the country are extremely diverse. At 3.8 million square miles and with over 324 million people, the United States is the worlds third- or fourth-largest country by area, third-largest by land area. It is one of the worlds most ethnically diverse and multicultural nations, paleo-Indians migrated from Asia to the North American mainland at least 15,000 years ago. European colonization began in the 16th century, the United States emerged from 13 British colonies along the East Coast. Numerous disputes between Great Britain and the following the Seven Years War led to the American Revolution. On July 4,1776, during the course of the American Revolutionary War, the war ended in 1783 with recognition of the independence of the United States by Great Britain, representing the first successful war of independence against a European power. The current constitution was adopted in 1788, after the Articles of Confederation, the first ten amendments, collectively named the Bill of Rights, were ratified in 1791 and designed to guarantee many fundamental civil liberties. During the second half of the 19th century, the American Civil War led to the end of slavery in the country. By the end of century, the United States extended into the Pacific Ocean. The Spanish–American War and World War I confirmed the status as a global military power. The end of the Cold War and the dissolution of the Soviet Union in 1991 left the United States as the sole superpower. The U. S. is a member of the United Nations, World Bank, International Monetary Fund, Organization of American States. The United States is a developed country, with the worlds largest economy by nominal GDP. It ranks highly in several measures of performance, including average wage, human development, per capita GDP. While the U. S. economy is considered post-industrial, characterized by the dominance of services and knowledge economy, the United States is a prominent political and cultural force internationally, and a leader in scientific research and technological innovations. In 1507, the German cartographer Martin Waldseemüller produced a map on which he named the lands of the Western Hemisphere America after the Italian explorer and cartographer Amerigo Vespucci
8.
Finance
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Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainty, Finance can also be defined as the science of money management. Finance aims to price assets based on their level and their expected rate of return. Finance can be broken into three different sub-categories, public finance, corporate finance and personal finance. g, health and property insurance, investing and saving for retirement. Personal finance may also involve paying for a loan, or debt obligations, net worth is a persons balance sheet, calculated by adding up all assets under that persons control, minus all liabilities of the household, at one point in time. Household cash flow totals up all the sources of income within a year. From this analysis, the financial planner can determine to what degree, adequate protection, the analysis of how to protect a household from unforeseen risks. These risks can be divided into the following, liability, property, death, disability, health, some of these risks may be self-insurable, while most will require the purchase of an insurance contract. Determining how much insurance to get, at the most cost effective terms requires knowledge of the market for personal insurance, business owners, professionals, athletes and entertainers require specialized insurance professionals to adequately protect themselves. Since insurance also enjoys some tax benefits, utilizing insurance investment products may be a piece of the overall investment planning. Tax planning, typically the income tax is the single largest expense in a household, managing taxes is not a question of if you will pay taxes, but when and how much. Government gives many incentives in the form of tax deductions and credits, most modern governments use a progressive tax. Typically, as ones income grows, a marginal rate of tax must be paid. Understanding how to take advantage of the tax breaks when planning ones personal finances can make a significant impact in which it can later save you money in the long term. Investment and accumulation goals, planning how to accumulate enough money - for large purchases, major reasons to accumulate assets include, purchasing a house or car, starting a business, paying for education expenses, and saving for retirement. Achieving these goals requires projecting what they will cost, and when you need to withdraw funds that will be necessary to be able to achieve these goals, a major risk to the household in achieving their accumulation goal is the rate of price increases over time, or inflation. Using net present value calculators, the planner will suggest a combination of asset earmarking. In order to overcome the rate of inflation, the investment portfolio has to get a higher rate of return, managing these portfolio risks is most often accomplished using asset allocation, which seeks to diversify investment risk and opportunity
9.
Market (economics)
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A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services in exchange for money from buyers and it can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society, Markets allow any trade-able item to be evaluated and priced. A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights of services, Markets can also be worldwide, for example the global diamond trade. National economies can be classified, for example as developed markets or developing markets, in mainstream economics, the concept of a market is any structure that allows buyers and sellers to exchange any type of goods, services and information. The exchange of goods or services, with or without money, is a transaction, a major topic of debate is how much a given market can be considered to be a free market, that is free from government intervention. However it is not always clear how the allocation of resources can be improved since there is always the possibility of government failure, a market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services in exchange for money from buyers and it can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enables the distribution and allocation of resources in a society, Markets allow any trade-able item to be evaluated and priced. A market sometimes emerges more or less spontaneously but is often constructed deliberately by human interaction in order to enable the exchange of rights of services. Markets of varying types can spontaneously arise whenever a party has interest in a good or service that other party can provide. Hence there can be a market for cigarettes in correctional facilities, another for chewing gum in a playground, and yet another for contracts for the future delivery of a commodity. Markets vary in form, scale, location, and types of participants, as well as the types of goods and services traded, nevertheless, violence and they apply the market dynamics to facilitate information aggregation. However, market prices may be distorted by a seller or sellers with monopoly power, such price distortions can have an adverse effect on market participants welfare and reduce the efficiency of market outcomes. Also, the level of organization and negotiating power of buyers and sellers markedly affects the functioning of the market. Markets are a system, and systems have structure, the structure of a well-functioning market is defined by the theory of perfect competition. Market failures are often associated with time-inconsistent preferences, information asymmetries, non-perfectly competitive markets, principal–agent problems, externalities, among the major negative externalities which can occur as a side effect of production and market exchange, are air pollution and environmental degradation. There exists a popular thought, especially among economists, that markets would have a structure of a perfect competition
10.
Western world
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The Western world or the West is a term usually referring to different nations, depending on the context, most often including at least part of Europe. There are many accepted definitions about what they all have in common, the Western world is also known as the Occident. The concept of the Western part of the earth has its roots in Greco-Roman civilization in Europe, before the Cold War era, the traditional Western viewpoint identified Western Civilization with the Western Christian countries and culture. Its political usage was changed by the antagonism during the Cold War in the mid-to-late 20th Century. The term originally had a literal geographic meaning, Western culture was influenced by many older great civilizations of the ancient Near East, such as Phoenicia, Minoan Crete, Sumer, Babylonia, and also Ancient Egypt. It originated in the Mediterranean basin and its vicinity, Greece, over time, their associated empires grew first to the east and west to include the rest of Mediterranean and Black Sea coastal areas, conquering and absorbing. Later, they expanded to the north of the Mediterranean Sea to include Western, Central, numerous times, this expansion was accompanied by Christian missionaries, who attempted to proselytize Christianity. There is debate among some as to whether Latin America is in a category of its own, specifically, Western culture may imply, a Biblical Christian cultural influence in spiritual thinking, customs and either ethic or moral traditions, around the Post-Classical Era and after. European cultural influences concerning artistic, musical, folkloric, ethic and oral traditions, the concept of Western culture is generally linked to the classical definition of the Western world. In this definition, Western culture is the set of literary, scientific, political, artistic, much of this set of traditions and knowledge is collected in the Western canon. The term has come to apply to countries whose history is marked by European immigration or settlement, such as the Americas, and Oceania. The geopolitical divisions in Europe that created a concept of East and West originated in the Roman Empire, Roman Catholic Western and Central Europe, as such, maintained a distinct identity particularly as it began to redevelop during the Renaissance. Even following the Protestant Reformation, Protestant Europe continued to see itself as more tied to Roman Catholic Europe than other parts of the civilized world. Use of the term West as a cultural and geopolitical term developed over the course of the Age of Exploration as Europe spread its culture to other parts of the world. Additionally, closer contacts between the West and Asia and other parts of the world in recent times have continued to cloud the use, herodotus considered the Persian Wars of the early 5th century BC a conflict of Europa versus Asia. The terms West and East were not used by any Greek author to describe that conflict, the Great Schism and the Fourth Crusade confirmed this deviation. The Renaissance in the West emerged partly from currents within the Roman Empire, Ancient Rome was a civilization that grew from a city-state founded on the Italian Peninsula about the 9th century BC to a massive empire straddling the Mediterranean Sea. In its 12-century existence, Roman civilization shifted from a monarchy, to a republic, nonetheless, despite its great legacy, a number of factors led to the eventual decline of the Roman Empire
United States
European Union
China
Japan
Germany
United Kingdom
France
Italy
Brazil
Canada
India
Spain
Australia
South Korea
Russia
Mexico
Turkey
Netherlands
Switzerland
Indonesia
Belgium
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