Author: Saroj Kumari
What is a dividend? The dividends is the proportion of profits that a company distributes among its shareholders. Dividends: A Simple Explanation Put more simply, dividends are basically a portion of profits that a company decides to share with its shareholders. If you own shares in a company, this means that you could receive money if the company decides to distribute it. This money comes from the profits that the company has made. Thus, dividends are a way of thanking and rewarding shareholders for investing in the company. This concept is part of a company’s liabilities, since it comes off…
What is a cumulative frequency? The accumulated frequency is the result of successively adding the absolute or relative frequencies, from the lowest to the highest of their values. Cumulative Frequency: Simple Explanation To calculate the cumulative frequency, the data must first be sorted from lowest to highest. Then, they are placed in a table for a clearer view. Once sorted, the cumulative frequency is obtained by adding the frequencies of each group with those of the previous group. In this way, the values are accumulated until the total is reached. Types of accumulated frequencies There are two types, absolute and…
The types of population pyramid are the different graphs that can be drawn in a demographic pyramid, based on the population structure of the territory in terms of the variables of sex and age. A population pyramid is a graphic representation that shows the characteristics of a population of a town, city, or country at a specific time. Population pyramid: Simple explanation The pyramid has a vertical axis that shows the different age ranges of a population. Five-year age ranges are generally used (for example, 0 to 4 years, 5 to 9 years, 10 to 14 years, and so on). The horizontal…
What was the origin of the economy? Knowing the origin of the economy is more important than anyone can imagine. You have to know the past to understand the present. Economics is a fundamental part of our history and everyday life. Since the dawn of humanity, people have sought ways to organize their resources, such as food and labor, to improve their communities. In essence, economics studies how we manage what we have to satisfy our needs and desires. This social science is not a modern invention. Its roots are sunk in the sands of time, touching the great civilizations…
The history of economic thought studies the evolution of ideas and theories developed by economists over the years. This story begins in the 16th and 17th centuries with mercantilism. However, in a broader sense, the economy began to develop in the 6th century BC until the Middle Ages. During this time, the first businesses and the first economic debates arose. Although economic theories were scarce, debates focused on the difference between rich and poor and the ethics of enrichment through trade. The birth of economic science The birth of economics as a field of study, as we have said before,…