Whois & Analysis for geosolinc.com

Economic development is the process by which a nation improves the economic, political, and social well-being of its people.

The term has been used frequently by economists, politicians, and others in the 20th and 21st centuries.

The concept, however, has been in existence in the West for centuries.

Modernization, Westernization, and especially Industrialization are other terms people have used while discussing economic development.

Economic development has a direct relationship with the environment and environmental issues.

Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.

Employees work in return for payment, which may be in the form of an hourly wage, by piecework or an annual salary, depending on the type of work an employee does or which sector she or he is working in.

Employees in some fields or sectors may receive gratuities, bonus payment or stock options.

In some types of employment, employees may receive benefits in addition to payment.

Benefits can include health insurance, housing, disability insurance or use of a gym.

Employment is typically governed by employment laws or regulations or legal contracts.

A system is a set of interacting or interdependent component parts forming a complex or intricate whole.

Every system is delineated by its spatial and temporal boundaries, surrounded and influenced by its environment, described by its structure and purpose and expressed in its functioning.

A tool is any physical item that can be used to achieve a goal, especially if the item is not consumed in the process.

Tool use by humans dates back millions of years, and other animals are also known to employ simple tools.

Financial statements (or financial report) is a formal record of the financial activities and position of a business, person, or other entity.