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As of 2023, Texas grossed more than $440 billion a year in exports, more than double the next highest state California ($178 billion). [9] Texas would be ranked as the 8th largest economy among nations of the world by nominal GDP, ahead of Canada, South Korea, Russia, and Australia. [10] In 2019, Texas had a median household income of $61,874. [11]
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
It was intended to evaluate applicants seeking admission to a graduate program in economics. It was discontinued in April 2001. [1] As is the case with many, or even most, standardized tests, [2] males taking the GRE subject test in economics tended to score higher than their female counterparts. Academic investigation looking at evidence of ...
The Biology and Ecology series were filmed in front of green screen, but from the Chemistry season onward, each series was filmed on new custom-built sets. The Computer Science series and all series on the humanities (excepting Philosophy and Economics) were filmed in a studio in Indianapolis, Indiana.
Ecosystem ecology is philosophically and historically rooted in terrestrial ecology. The ecosystem concept has evolved rapidly during the last 100 years with important ideas developed by Frederic Clements, a botanist who argued for specific definitions of ecosystems and that physiological processes were responsible for their development and persistence. [2]
Social Darwinism is a body of pseudoscientific theories and societal practices that purport to apply biological concepts of natural selection and survival of the fittest to sociology, economics and politics. [1] [2] Social Darwinists believe that the strong should see their wealth and power increase, while the weak should see their wealth and ...
Standardized tests are designed in such a way that the questions and interpretations are consistent and are administered and scored in a predetermined, standard manner. [1] Any test in which the same test is given in the same manner to all test takers, and graded in the same manner for everyone, is a standardized test.
Social choice theory is a branch of welfare economics that extends the theory of rational choice to collective decision-making. [1] Social choice studies the behavior of different mathematical procedures (social welfare functions) used to combine individual preferences into a coherent whole.
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