Sustainable Development Goal 3: Good Health and Well-being
Differences Between Rationale and Objectives of SDGs
Rationale explains why the SDGs were created. Progress in all areas was uneven across regions and countries, leaving millions of people behind, especially the poorest and most disadvantaged. Objectives are the goals that were made to work towards, for example, ending extreme poverty, fighting inequality and injustice, and addressing climate change.
How an Increase in Women in Parliament Promotes SDG 3 Using Gender Equality
Increasing access to essential,
Read MoreBusiness and Trade Terminology: Key Definitions
Key Business and Trade Terms
Company Structure and Roles
- Shareholder: Someone who owns shares in a company.
- Management: People who are in charge of a particular company or organization, instead of its employees.
- Workforce: The people who work in a particular factory or organization.
- President: The person in charge of a large company, bank, etc.
- Chief Executive Officer (CEO): The manager with the most authority in the normal, everyday management of a company. The job of the CEO is sometimes combined with
Understanding the EU Common Tariff and TARIC System
Theme 5: The Common Tariff
1. Classification of Goods
Classification is performed for customs purposes. It allows customs authorities to establish the type of duty to be applied to every type of goods according to the tariff classification. Goods must be correctly classified according to this unique classification.
Restricted Goods
Restricted goods have the potential to pose economic, health, environmental, safety, cultural, or moral risks.
Prohibited Goods
Prohibited goods are completely illegal to export
Read MoreSpain’s Economic Transformation: Autarky to 1960s Boom
Autarky in Spain
After the Spanish Civil War, the nation’s already fragile economy was further impoverished. The period of autarky, driven by the principle of self-sufficiency under Franco, aimed to isolate Spain from foreign dependence. This phase involved three core policies:
- Domestic Market Focus: Prioritizing national production for the domestic market.
- Nationalization of Resources: Placing all raw materials under the control of politicians.
- Strict Import Controls: Implementing rigorous political
Essential Business and Accounting Terms: Definitions
Essential Business and Accounting Terms
Commercial Money
Commercial Money: From a business perspective, this term refers to the economic activity undertaken.
Capital
Capital: In economic terms, capital is an income-producing element that is not intended to be exhausted or consumed. Instead, it should remain intact as part of generating new wealth. The *Law on Income* becomes important, as it distinguishes between income from capital and income originating from work.
Contributors
Contributors: These are
Read MoreMarket Dynamics: Demand, Supply, and Competition
Market Dynamics
Market: A set of activities for the sale of a product made by sellers and buyers.
Demand
The quantity of goods which buyers are willing to purchase at a specified price.
Factors Influencing Demand
- The price of the property concerned
- The price of related goods (complementary, substitute)
- Disposable income (inferior, normal, and luxury goods)
- Consumer preferences
The demand curve is a graphical representation of the demand function, showing the quantities buyers are willing to buy at each price.
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