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Tip of the Day

Tip of the Day Ditch Your Car

Ditch Your Car - If you live in a community where everything is within a reasonable distance, you need to ask yourself why you are driving a car, which when...

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Heavy Industry

Heavy Industry – Heavy industry refers to businesses that manufacture and/or distribute “heavy” in weight commodities such as steel, iron, oil, railways, and machinery.  Heavy industry can also mean products that are “heavy” in production processes such as chemicals.  In more recent times, the term has had a much more negative connotation because of how detrimental the industry’s products are to the environment.  A majority of the products in the heavy industry contribute a great deal to the earth’s pollution.  Generally, the heavy industry is very capital and resource intensive and fledging companies can find the industry to be very hard to break into and be successful.

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Pure Icariin said:

Nice insight, easy to understand.

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Definition of the Day Treasury Bill

Definition: A short-term debt obligation issued by the government to finance government activities.  These are commonly referred to as "T-Bills."  They are usually issued in maturities of one, three, or six months.Advice: T-bills are zero-coupon bonds, which mean that they don't pay out interest.  Instead, an investor buys them at...

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