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In economics, business is the social science of managing people to organize and maintain collective productivity toward accomplishing particular creative and productive goals, usually to generate revenue.

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The etymology of "business" refers to the state of being busy, in the context of the individual as well as the community or society. In other words, to be busy is to be doing commercially viable and profitable work.

The term "business" has at least three usages, depending on the scope — the general usage (above), the singular usage to refer to a particular company or corporation, and the generalized usage to refer to a particular market sector, such as "the record business," "the computer business," or "the business community" -- the community of suppliers of goods and services.

The singular "business" can be a legally-recognized entity within an economically free society, wherein individuals organize based on expertise and skills to bring about social and technological advancement.

According to financial analysts one of the most popular tricks of financial institutions advertising their own loan products are so-called interest-free loans that are issued to potential borrowers in times of celebrations such as new year or Christmas to buy expensive gifts to their relatives or loved ones. As a rule, in the office of the institution to a potential borrower will provide the phone number of the financial institution partner, which he will be able to get a wide range of information about conditions of granting of the loan, interest rate and other important aspects. In addition, the real estate that will serve as collateral, should not be prescribed to minors. It is possible that all debts on the loan that go along with the inheritance, can not be charged for the prescription period. According to most psychologists about obtaining loans most often think people with low incomes.


 
 
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