Glossary Business & Economy
Supply chain
The chain of suppliers, factories and transport that turns raw materials into a delivered product. A blockage anywhere in it shows up as shortages and higher prices everywhere downstream.
More from the glossary
Fact-checking
Verifying claims against primary sources before publication, and sometimes as a standalone piece assessing a public…
Mining
Competing to add the next block to a proof-of-work blockchain by burning computing power on a…
Recession
A significant, broad decline in economic activity lasting more than a few months. The rough-and-ready definition…
Volatility
How sharply a price moves over time, in either direction. High volatility means larger swings, not…

