The economy refers to the system by which goods and services are produced, distributed, and consumed within a society. It encompasses the processes and structures that facilitate trade, investment, labor, and resource allocation. Economies can be classified in various ways, such as traditional, command, market, or mixed economies, depending on how decisions regarding production and distribution are made. Key components of an economy include households, businesses, governments, and financial institutions, all interacting within markets to determine prices and allocate resources. The health of an economy is often measured by indicators such as gross domestic product (GDP), unemployment rates, inflation, and consumer confidence. Economies also deal with concepts such as supply and demand, competition, and the role of economic policies, which can influence growth, stability, and equity within a society.
Toray Industries announced a notable pre-tax profit of 107.6 billion yen for the third quarter of the fiscal year ending March 2025. The company's strong performance highlights its resilience and…