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CAP.
Last seen on: The New Yorker Monday, January 16, 2023 Crossword Answers
Random information on the term “Market ___”:
In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labour power) to buyers in exchange for money. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any tradeable item to be evaluated and priced. A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for sale (local produce or stock registration).
Markets can differ by products (goods, services) or factors (labour and capital) sold, product differentiation, place in which exchanges are carried, buyers targeted, duration, selling process, government regulation, taxes, subsidies, minimum wages, price ceilings, legality of exchange, liquidity, intensity of speculation, size, concentration, exchange asymmetry, relative prices, volatility and geographic extension. The geographic boundaries of a market may vary considerably, for example the food market in a single building, the real estate market in a local city, the consumer market in an entire country, or the economy of an international trade bloc where the same rules apply throughout. Markets can also be worldwide, see for example the global diamond trade. National economies can also be classified as developed markets or developing markets.
Random information on the term “CAP”:
CAP Group was a British software house. Computer Analysts and Programmers Ltd (CAP) was founded in May 1962 and grew to be one of the foremost IT companies in the UK before merging with French company Sema-Metra in 1988 to form Sema Group.
Computer Analysts and Programmers Ltd (CAP) was founded by Alex d’Agapeyeff, Barney Gibbens, and Harry Baecker in May 1962 and chaired by d’Agapeyeff for the following 20 years.
CAP initially worked on compilers and system software. Its first job was the creation of a version of ALGOL for the English Electric KDF6 computer, and later the Elliott 503. During the 1960s it produced CORAL compilers and a real time operating system for the Royal Navy.[citation needed]
d’Agapeyeff coined the term ‘middleware’ to describe the interface between application and system software at a presentation to a NATO conference in 1968.
By 1974, CAP operated three divisions – commercial, financial, and industrial – which covered mainframe and minicomputer systems and industrial control systems. It had offices in London, Reading, and Alderley Edge (Cheshire).[citation needed]