Economical in the context of "International sport"

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⭐ Core Definition: Economical

An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within an economy. It includes the combination of the various institutions, agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community.

An economic system is a type of social system. The mode of production is a related concept. All economic systems must confront and solve the four fundamental economic problems:

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👉 Economical in the context of International sport

The concept of international sport refers to sport when the participants represent at least two nations. The most well-known international sports event is the Olympic Games. Other examples include the FIFA World Cup and the Cricket World Cup. The cricket match played between the United States and Canada in 1844 was the first ever international match played in any sport.

Modern international sports events are big business for as well as influencing the political, economical, and other cultural aspects of countries around the world. Especially with politics and sports, sports can affect countries, their identities, and in consequence, the world.

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Economical in the context of Fin (extended surface)

In the study of heat transfer, fins are surfaces that extend from an object to increase the rate of heat transfer to or from the environment by increasing convection. The amount of conduction, convection, or radiation of an object determines the amount of heat it transfers. Increasing the temperature gradient between the object and the environment, increasing the convection heat transfer coefficient, or increasing the surface area of the object increases the heat transfer. Sometimes it is not feasible or economical to change the first two options. Thus, adding a fin to an object, increases the surface area and can sometimes be an economical solution to heat transfer problems.

One-piece finned heat sinks are produced by extrusion, casting, skiving, or milling.

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LINKED FROM (PARENTS)
← International sport ← Fin (extended surface)
LINKS TO (CHILDREN)
Circular flow of income → Stock and flow → Closed economy → Market economy → Natural resources → Waste → Greenhouse gas → System → Production (economics) → Resource allocation → Distribution (economics) → Goods and services → Economy → Institution → Consumer → Social system → Mode of production → Economic problem →