Whatisa‘socio-economic’classification? Theterm„socio-economicclassification‟ismerelyadescriptiveone.Thatis,ithasno theoreticaloranalyticstatuswhateverandsomaybeappliedasagenerictermforall thedifferentstratificationmeasuresdiscussedinwhatfollows.SometimesSECsare referredto,especiallyintheAmericanliterature,as„...
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The Journal of Economic Literature Classification of Fields breaks down Economics into several fields (above). They include the core areas of mathematical and statistical methods as well as the many arenas in which the core methods are applied. (Data Source: American Economic Association) The words...
1. What is definition?A definition is a statement which captures the meaning, the use, the properties, the function and the essence of a term, a thing or a concept.2. Why is it important to define things or concepts in a clear way?A clear definition helps to avoid misunderstandings or ...
Is Classification Out of Date? In recent years, the relevance of GICS and ICB classification has been questioned. Many of our current economic categories and measurements are products of the Industrial Age, when the companies that were growing and shaping the world were giants with huge physical ...
The middle class constitutes 50% of the U.S. population as of 2021, which is quite a bit smaller than it has been in nearly half a century. Historically, the middle class has been the engine of American economic growth and prosperity. ...
forecasting, investing, and assets and liabilities. For businesses, finance is the backbone of the organization, handling all of the necessary economic activities that keep businesses running, including purchasing assets and raw materials, paying employees and suppliers, and planning future business invest...
North American Industry Classification System USAGov data and statistics about the US US Census Bureau Census Business Builder US Bureau of Labor Statistics consumer price index US Department of Commerce Bureau of Economic Analysis US Federal Reserve daily interest rates Federal Reserve financial data Bur...
Zoning outlines what types of developmental and operational use of land is allowed on a given tract. Municipalities tend to partition districts and neighborhoods according to a master plan. This may be done to promote economic development, control traffic flow, manage noise levels, reserve living sp...
Multidrug-resistant bacteria are of critical importance and a problem for human health and food preservation; the discovery of new antimicrobial substances to control their proliferation is part of the solution. This work reports on 57 antagonistic Aeromonas strains, of which 38 strains were antagonisti...