economy
Economy and the area of production, distribution, trade, and consumption of goods and services.
BUY and SELL in Order to Make You Cash
Flipping real residence Flipping real residence is something that a lot of folks perform nowadays. Shopping for and reselling properties. Several people just buy houses to stay in and make money when they sell them. There are plenty of things to do to produce profit-turning real estate.
By Cosmin Child4 years ago in Journal
Who likes to buy lottery tickets more
Who is more likely to buy lottery tickets , the rich or the poor ? You might think that rich people have a big budget and would prefer to spend a small amount of money on lottery tickets . Poor people , on the other hand , are so short of money that they can't wait to break a dollar in half . In fact , the opposite are true . The poorer people are , the more likely they are to buy lottery tickets . Economists have long observed this phenomenon : the less money you have , or the more you lose , the more you are likely to take bigger risks . Economists Kahneman and Tversky once produced a study of " utility at the end of the day , " which found that in the last race of the day , more people bet on the horse least likely to win . At the end of the day , those who lose red-eye are eager to make a comeback at the last chance , . So they tend to place their bets on the odds-on (least likely to win ) favourites . We call this all-or-nothing behavior " lottery thinking , " which is also a kind of " poor man's thinking " caused by lack of resources . They think saving money is a waste of time because they don't have enough money anyway , . So they just buy lottery tickets and gamble . So these people will sacrifice their precious real money to buy lottery tickets in exchange for emotional hope . The reason why people buy lottery tickets is because of a special mechanism in our brain , means that making money really feels good , and imagining it feels even better . We have a special physiological machine in our brains that is speeded up more by profit expectations than by actual profits . The more we are short of money , the more we expect and desire this . And it's not just lottery tickets . When we watch sports games , we will find a similar phenomenon . When the trailing team is running out of time , the football players will shoot long distances from the goal frequently . Basketball players take half-court shots in desperation before the final buzzer . Football players throw a " Slam Dunk " passes / passed at the end of the game . In other words , the more one sees a losing team , the more he or she looks for a winning miracle . This kind of " lottery thinking " may be a human instinct . Biologists have discovered that when animals lack food , water and shelter , they create a " negative energy budget " that makes it impossible for them to find steady , subsistence income . What they really need is a lottery hit . Animals in desperate situations , therefore , tend to have more variable harvests . Although this increases the risk of getting nothing , it is also the most feasible way to replenish the energy that is running out . In an experiment conducted by the biologist Thomas Kaleck , yellow-eyed rushes were given two choices : a fixed number of kernels of a plate ; On the other hand , there may be twice as many kernels on the plate , or there may be none at all . Birds that had just eaten were more likely to choose the " sure " option , while hungry birds flew to the plate where the kernels were uncertain without hesitation . The same is true of human evolution . When survival was at stake , our ancestors could only survive if they were willing to take more risks . When food was scarce , for example , early humans might have taken the risk of hunting large , fierce animals , either to get enough to eat or to die at the hands of predators . Conservative compromises , such as gathering wild fruits , did not guarantee survival .
By Buehler Bowen4 years ago in Journal
The struggle of Covid-19 for a teen
When Covid-19 became a serious thing, I was in 8th grade. It was March and we were going on an early spring break because of it. I know, everyone was excited, "Yay early break!!" Well, 2 weeks became a month, a month became 2 months, and then it became the rest of the school year. No graduation, no end-of-year trip, no school events, nothing.
By LeeAnn Grace 4 years ago in Journal
The Role Millennials Play Towards the Growth of E-commerce
Were you born between 1981 to 1996? Then congratulations, you are a millennial, but chances are you already know that. The millennial generation grew up in a time when the economies around the world were booming, markets were being liberalized and more advanced technologies were seeing the light of the day. You grew up watching Science Fiction movies and shows that prophesied flying cars and large cities filled with steel structures by 2020/30. Well, you were not wrong about that part about steel structures, and as far as flying cars go, since we now have self-driving cars, the era of flying cars is approaching fast.
By Lily James4 years ago in Journal
How selling overseas is evolving for exporters?
Selling overseas is witnessing unprecedented reforms on a continuous basis worldwide. In recent years, many reforms are mostly inward-looking rather than global perspectives. Many such changes require conforming to new laws and standards. Any documentation shortfall naturally attracts penalties. It is important to be abreast with the reforms and changes being introduced on a continuous basis.
By adam smith4 years ago in Journal
With Inflation, Consumers Are Switching Where They Shop and What They Are Shopping for with One Goal in Mind: Saving Money
Overview Ask anyone today - a family member, a friend, a coworker, or just a random person on the street - what their biggest worry is today and they will most likely say one thing: Inflation. Everywhere we go in our daily lives where we spend money, from gas stations to restaurants to yes, the grocery store, we are today spending more of it - on everything! And yes, we are feeling it - and acting upon it - as we go about our daily lives. According to the most recent economic data from the Bureau of Labor Statistics, the inflation rate in the U.S. (as measured by the Consumer Price Index [CPI]) is up 8.6% year-over-year (see Figure 1: Inflation in the United States, June 2022), reaching the highest point in the current round of inflation, the likes of which have not been seen - or experienced - by Americans since the early 1980’s! This means that many adults today have not had to deal with significant price inflation ever before, leading to the present economic circumstances being far more stressful to them because it is, in reality, unprecedented for them!
By David Wyld4 years ago in Journal
