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Universal 2nd Factor (U2F) is an open standard that strengthens and simplifies two-factor authentication (2FA) using specialized Universal Serial Bus (USB), near-field communication (NFC), or Bluetooth Low Energy (BLE) devices based on similar security technology found in smart cards.
The authenticator is a FIDO2 authenticator, that is, it is assumed to be compatible with the WebAuthn Client; WebAuthn specifies how a claimant demonstrates possession and control of a FIDO2 authenticator to a verifier called the WebAuthn Relying Party.
Gains from trade are commonly described as resulting from: specialization in production from division of labor, economies of scale, scope, and agglomeration [5] and relative availability of factor resources in types of output by farms, businesses, location [6] and economies
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
In economics, a market demand schedule is a tabulation of the quantity of a good that all consumers in a market will purchase at a given price. At any given price, the corresponding value on the demand schedule is the sum of all consumers’ quantities demanded at that price.
James Stuart (1767) authored the first book in English with 'political economy' in its title, explaining it just as: . Economy in general [is] the art of providing for all the wants of a family, so the science of political economy seeks to secure a certain fund of subsistence for all the inhabitants, to obviate every circumstance which may render it precarious; to provide everything necessary ...
An economic taxonomy is a system of classification of economic activity, including products, companies and industries. Some economists believe that the study of economic policy demands the use of a taxonomic/classificatory approach.
Three sectors according to Fourastié Clark's sector model This figure illustrates the percentages of a country's economy made up by different sector. The figure illustrates that countries with higher levels of socio-economic development tend to have less of their economy made up of primary and secondary sectors and more emphasis in tertiary sectors.