Economy is a word we hear often in news and exams, but what does it really mean? In simple words, the economy is how money, jobs, goods, and services work in a country. To understand it better, let’s look at some important terms.
This is the time when everything looks bright. People have jobs, businesses earn profits, and there is more money in the market. Example: When companies are hiring a lot, it shows a boom.
The Nobel Prize is the world’s most famous award, given every year to people or organizations who make great contributions in science, literature, peace, and economics. In 2024, many important discoveries and achievements were recognized. Here is a simple list of winners that will help students and exam aspirants.
John J. Hopfield and Geoffrey Hinton
They received the prize for their work on artificial intelligence (AI), especially neural networks that make machine learning possible.
