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Topic Review
Calendar of 13 Months
Has anyone of us missed an event because he was confused between days and dates? Do we really remember the date of any day if we do not have a calendar? Is the current Gregorian Calendar efficient enough for use, and does it really facilitate our life or make it more complicated?  Have you ever thought about a much simpler way to calculate days and dates in a year? All these questions are answered in this article, in which the author proposes an original calendar that might facilitate our lives if we can apply it.
  • 184.5K
  • 12 Jan 2023
Topic Review
Hyperinflation in Yugoslavia
Between 1992 and 1994, the Federal Republic of Yugoslavia (FRY) experienced the third-longest period of hyperinflation in world economic history. This period spanned 22 months, from March 1992 to January 1994. Inflation peaked at a monthly rate of 313 million percent in January 1994. Daily inflation was 62%, with an inflation rate of 2.03% in 1 hour being higher than the annual inflation rate of many developed countries. The inflation rate in January 1994, converted to annual levels, reached 116,545,906,563,330 percent (116.546 billion percent, or 1.16 × 1015 percent). During this period of hyperinflation in FR Yugoslavia, store prices were stated in conditional units – point, which was equal to the German mark. The conversion was made either in German marks or in dinars at the current "black market" exchange rate that often changed several times per day.
  • 19.3K
  • 14 Nov 2022
Topic Review
E-Government
E-government (short for electronic government) is the use of electronic communications devices, computers and the Internet to provide public services to citizens and other persons in a country or region. According to Jeong, 2007 the term consists of the digital interactions between a citizen and their government (C2G), between governments and other government agencies (G2G), between government and citizens (G2C), between government and employees (G2E), and between government and businesses/commerces (G2B). E-government delivery models can be broken down into the following categories: This interaction consists of citizens communicating with all levels of government (city, state/province, national, and international), facilitating citizen involvement in governance using information and communication technology (ICT) (such as computers and websites) and business process re-engineering (BPR). Brabham and Guth (2017) interviewed the third party designers of e-government tools in North America about the ideals of user interaction that they build into their technologies, which include progressive values, ubiquitous participation, geolocation, and education of the public. Other definitions are more away from technology as an object, to see them simply as facilitators or instruments and focus on specific changes in Public Administration issues, and in the internal transformation of a Government, is the case of the definition that established the specialist technologist Mauro D. Ríos in the paper "In search of a definition of Electronic Government", he says: "Digital Government is a new way of organization and management of public affairs, introducing positive transformational processes in management and the structure itself of the organization chart, adding value to the procedures and services provided, all through the introduction and continued appropriation of information and communication technologies as a facilitator of these transformations."
  • 9.2K
  • 08 Nov 2022
Topic Review
Wages in Thailand
Wages in Thailand, as used here, includes all compensation paid by an employer to an employee for work done, whether based on hours worked, piece work, or fixed salary. Since wage labour is the predominant form of work, the term "wage" here refers to all forms of employee compensation. Wages are the major source of household income in Thailand,:32 although wage income distribution varies by region: Almost three-quarters of the population in Bangkok are in households that receive wage income, compared with less than half in the northern region.:30-31 During the period 2007–2014, wage income grew markedly, and then began to drop starting in 2015. (As of 2020) wage growth stagnation afflicts most occupations. Wage growth was negative in urban areas, but positive in rural areas. In the period 2007–2013, wages, farm incomes, and remittances contributed to poverty reduction; in the period 2015–2017 these were sources of rising poverty.:65
  • 8.2K
  • 07 Oct 2022
Topic Review
CNBC Ticker
The CNBC Ticker is a computer simulation of ticker tapes used by the United States business news-oriented television network CNBC (as well as its international sister channels), that is displayed as a crawl on the lower part of the television screen. The CNBC Ticker shows security and index symbols in the manner of the ticker tapes that received information by telegraph. The security identifiers used on the CNBC Ticker are taken from nomenclatures used by third-party companies like Reuters or from global stock exchanges. The ticker is composed of a faster-scrolling upper band with a white background and a slower-scrolling lower band with a dark blue background for all CNBC channels. In addition for some channels, such as CNBC Europe; CNBC-e; CNBC Arabiya and Class CNBC, a third business news band is displayed in gray with a black background. The ticker is shown throughout the duration of financial news programming on CNBC's domestic and international channels, including national commercial breaks. However, in the United States and Canada , advertisements that are locally inserted by cable television providers may be shown full-screen, omitting the ticker from being displayed during local breaks (as of 2013, all ad inserts by cable television providers, as well as satellite television providers DirecTV and Dish Network are now shown full-screen).
  • 5.5K
  • 18 Oct 2022
Topic Review
Factors Affecting Consumer Food Choice
Understanding individual food choices is critical for transforming the current food system to ensure healthiness of people and sustainability of the planet. Throughout the years, researchers from different fields have proposed conceptual models addressing factors influencing the food choice, recognized as a key leverage to improve planetary and human health. However, a multidisciplinary approach is needed to better understand how different factors are involved and interact with each other in the decision-making process. The present paper reviews and analyzes existing models, providing an intact point-of-view by integrating key elements into a bigger framework. Key determinants of general food choice are identified and categorized, including food-internal factor (sensory and perceptual features), food-external factors (information, social environment, physical environment), personal-state factors (biological features and physiological needs, psychological components, habits and experiences), cognitive factors (knowledge and skills, attitude, liking and preference, anticipated consequences, and personal identity), as well as sociocultural factors (culture, economic variables, political elements). Moreover, possible directions of influence among the factors towards final food choice were discussed. The need of multidisciplinary impulses across research field with the support of empirical data are crucial for understanding factors influencing food choice as well as for enriching existing conceptual models. The framework proposed here would serve as a roadmap for facilitating communications and collaborations between research fields in a structural and systematic way.
  • 5.4K
  • 06 Feb 2021
Topic Review
Criticisms of Neoclassical Economics
Neo-classical economics has come under critique on the basis of its core ideologies, assumptions, and other matters.
  • 5.3K
  • 29 Nov 2022
Topic Review
Shopping Cart
A shopping cart (American English) or trolley (British English), also known by a variety of other names, is a cart supplied by a shop, especially supermarkets, for use by customers inside the shop for transport of merchandise to the checkout counter during shopping. In many cases customers can then also use the cart to transport their purchased goods to their vehicles, but some carts are designed to prevent them from leaving the shop. In many places in the United States and the United Kingdom , customers are allowed to leave the carts in designated areas within the parking lot, and store personnel will return the carts to the storage area. In many continental European premises, however, coin- (or token-) operated locking mechanisms are provided to encourage shoppers to return the carts to the correct location after use. Studies have shown that it is advisable for shoppers to sanitize the handles and basket areas prior to handling them or filling them with groceries due to high levels of bacteria that typically live on shopping carts. This is due to the carts having a high level of exposure to the skin flora of previous users.
  • 5.2K
  • 22 Nov 2022
Topic Review
2015–16 Stock Market Selloff
The 2015–16 stock market selloff, also known as The Great Fall of China, was the period of decline in the value of stock prices globally that occurred between June 2015 to June 2016. It included the 2015–16 Chinese stock market turbulence, in which the SSE Composite Index fell 43% in just over 2 months between June 2015 and August 2015, which culminated in the devaluation of the yuan. Investors sold shares globally as a result of slowing growth in the GDP of China, a fall in petroleum prices, the Greek debt default in June 2015, the effects of the end of quantitative easing in the United States in October 2014, a sharp rise in bond yields in early 2016, and finally, in June 2016, the 2016 United Kingdom European Union membership referendum, in which Brexit was voted upon. By July 2016, the Dow Jones Industrial Average (DJIA) recovered and achieved record highs. The FTSE 100 Index did not do so until later in 2016.
  • 5.1K
  • 29 Nov 2022
Topic Review
Food Marketing
It would seem important to analyse the relationships between food marketing and consumer choice, highlighting the role of brands in these frameworks. For this purpose, a literature review was carried out considering 147 documents from Scopus database for the topics of search “food marketing” and“choices” (search performed on 16 October 2020). As main insights, it is worth highlighting that the main issues addressed by the literature, concerning food marketing and consumer choices, are the following: economic theory; label and packaging; marketing strategies; agriculture and food industry; market segments; social dimensions; brand and branding. In turn, food marketing heavily conditions consumer choices; however, these related instruments are better manipulated by larger companies. In addition, this entry highlights that bigger companies have dominant positions in these markets which are not always beneficial to the consumers’ objectives.
  • 5.0K
  • 07 May 2021
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