Finance is the process of providing money or capital to finance certain activities. Finance can be relevant to individuals, companies, governments, or any other entity that needs financial resources to achieve its goals. Types of financing Types of financing include a wide range of methods and sources, including: The importance of financing Financing plays a vital role in achieving economic and personal goals at the level of individuals, companies, and governments. …

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Stagflation is an economic condition that combines decreased economic activity (stagflation) and high levels of inflation at the same time. This occurs when a country's GDP declines and at the same time sees price levels rise. Stagflation can occur as a result of the interplay of some economic factors, such as: Examples of stagflation cases in history include: Bank forecasts indicate...

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Basic commodities

They are the products and services that people need on a daily and basic basis to meet their basic life needs. These needs change across cultures and economic circumstances, but in general, the concept of basic goods includes things that people consider essential to live and thrive. A commodity market is a market in which basic goods and services that people need to meet their daily life needs are traded and exchanged. Includes…

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Production is the process of converting inputs (resources) into outputs (goods and services) with the aim of meeting the needs of the market or consumers. Production includes all the steps necessary to create and manufacture products or provide services, starting with the extraction of raw materials and ending with the distribution of finished products. Types of production There are different types of production, including: Objectives of production The objective of production is to meet the needs and desires of society...

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Financial markets

Financial markets are places where securities such as stocks, bonds, futures and foreign currencies are traded. Financial markets play an important role in the economy, as they provide financing to companies and governments, help direct capital to sectors and companies that need financing, and contribute to achieving liquidity and determining asset prices. The importance of financial marketsThe importance of financial markets is represented in the following: Financing...

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Knowledge economy

The term “knowledge economy” refers to an economic model that relies primarily on creativity, innovation, and the use of knowledge as a main resource to achieve economic development. The knowledge economy is characterized by its focus on the production and use of human knowledge and skills as essential elements for economic growth and improved quality of life. The main elements of the knowledge economy include: Characteristics of the knowledge economy: The main driving forces under the knowledge economy: Knowledge encoding: It can…

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International Trade

International trade is the exchange of goods and services between countries. International trade plays an important role in the global economy, as it represents a means to meet the needs of the global market and enhance economic cooperation between countries. International trade contributes to achieving economic benefits for participating countries, such as expanding markets, achieving economic specialization, and enhancing Innovation and technology, improving the standard of living, international trade also faces challenges such as protection…

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Fiscal policy

Fiscal policy is the aspect that relates to the management and direction of financial matters within a country's economy. This type of policy concerns the decisions and measures taken by the government to achieve specific objectives in the field of public finances. Fiscal policy is affected by multiple economic and social factors, and includes several elements. Here are some of the key aspects of fiscal policy: Objectives of Fiscal Policy: The objectives of fiscal policy are varied and vary…

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Balance of Payments

The balance of payments is a term used in the field of economics to indicate the balance of monetary payments between a particular country and the rest of the world. The balance of payments expresses the total exports and imports of a particular country during a specific period of time, and includes all financial and trade transactions between the country and its international partners. The balance of payments consists of several sections, including: Trade balance (trade balance): It expresses…

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Organization of Petroleum Exporting Countries (OPEC)

The Organization of Petroleum Exporting Countries, also known as OPEC (OPEC), is an international organization that includes a group of oil-producing countries. Founded on September 14, 1960, it is considered one of the most powerful bodies influencing oil prices globally. OPEC is considered an international economic body, and it aims to coordinate and direct the oil production policies of member states with the aim of achieving price stability in the market…

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