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The travails of modern man it of its own making. Creating artificial demand for things that are not essential has made this creature a virtual entity that knows no rest. Money is the prime driving force for existence in present life. It is the object that measures the value and individual stature. People get it by means of employment and the employers are giant business conglomerates that manufacture items ballyhooed with the use of monument signs for business.
People make products and advertise it to the general public by means of monumental sign till time of retirement is in pursuit of money. The pursuit of happiness has been relegated to the back end as the happiness of pursuing money has taken over the front seat. Man no longer controls the business world. The corporations do. The inanimate has overridden intelligent life.
All activity undertaken by man in one sense or another always almost involves the economy. From the time a man wakes up to the time he goes to sleep, somewhere along the course of daily activity, money is spent. And when money is spent and it translates into a transaction. These transactions happen twenty four hours a day and seven days a week.
In an area where most transactions take place, people converged and all of them are slaves to corporate master whose only objective is profit making. Good are acquired at prices that are haggled to the lowest value and resold at a higher price with profit margins going into the realm of outrageous speculation and are being accomplished by so called professionals.
These are the modern day dinosaurs. Huge denizens that gobble up earth resources to satisfy industrial needs. These are the gigantic manufacturing facilities that produce finished products that will supply the demand for modern living. What these plants eat up can never be replace and man however genius it can be has no idea how to make something out of nothing.
The economy is an abstract being if it can be described. It encompasses so many things that almost all activities are linked up with it. Where ancient man live a simple life, somewhere along the way it has made a habit of making it complicated with each passing day. The paradox of man being intelligent and at same time being a fool has never been fully explained.
Engineers and scientists are more likely to define technology as an applied science rather than as things the people make and use. In modern society it is understood as the science in industry that is created by technology to change the way things are done. It can also be classified to include both material and immaterial created by mental and physical effort to gain value.
Raw materials are substances generally used in producing goods. It is often commonly known as a commodity which is sold and bought on the markets worldwide. Traders sell and buy raw materials in factor markets as it is an input in production like capital and labor. Factories and production plants keep stocks of these items as part of raw materials inventory.
Human activity has both advantages and disadvantages. One of the more glaring disadvantages is the adverse effect on the biophysical environment. Climactic related disasters are now at seventy percent, up from 50 percent compared twenty years ago. The disasters have taken a direct toll in human lives and infrastructure. More the two billion people have been affected by climate related disasters.
People make products and advertise it to the general public by means of monumental sign till time of retirement is in pursuit of money. The pursuit of happiness has been relegated to the back end as the happiness of pursuing money has taken over the front seat. Man no longer controls the business world. The corporations do. The inanimate has overridden intelligent life.
All activity undertaken by man in one sense or another always almost involves the economy. From the time a man wakes up to the time he goes to sleep, somewhere along the course of daily activity, money is spent. And when money is spent and it translates into a transaction. These transactions happen twenty four hours a day and seven days a week.
In an area where most transactions take place, people converged and all of them are slaves to corporate master whose only objective is profit making. Good are acquired at prices that are haggled to the lowest value and resold at a higher price with profit margins going into the realm of outrageous speculation and are being accomplished by so called professionals.
These are the modern day dinosaurs. Huge denizens that gobble up earth resources to satisfy industrial needs. These are the gigantic manufacturing facilities that produce finished products that will supply the demand for modern living. What these plants eat up can never be replace and man however genius it can be has no idea how to make something out of nothing.
The economy is an abstract being if it can be described. It encompasses so many things that almost all activities are linked up with it. Where ancient man live a simple life, somewhere along the way it has made a habit of making it complicated with each passing day. The paradox of man being intelligent and at same time being a fool has never been fully explained.
Engineers and scientists are more likely to define technology as an applied science rather than as things the people make and use. In modern society it is understood as the science in industry that is created by technology to change the way things are done. It can also be classified to include both material and immaterial created by mental and physical effort to gain value.
Raw materials are substances generally used in producing goods. It is often commonly known as a commodity which is sold and bought on the markets worldwide. Traders sell and buy raw materials in factor markets as it is an input in production like capital and labor. Factories and production plants keep stocks of these items as part of raw materials inventory.
Human activity has both advantages and disadvantages. One of the more glaring disadvantages is the adverse effect on the biophysical environment. Climactic related disasters are now at seventy percent, up from 50 percent compared twenty years ago. The disasters have taken a direct toll in human lives and infrastructure. More the two billion people have been affected by climate related disasters.
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