Classwork

Members: Paul Andrade, Juan Báez

Date: Friday, November 17th 2023

Prompt: Find a new related to the next words

- Profit:

Alpine F1 team made profit of £26.2m in 2022

The Alpine Formula 1 team posted a profit of over £26.2m in 2022 as it continued to
generate good income while keeping a lid on costs.Boosted by the arrival of new title
sponsor BWT and the prize money associated with fourth place in the world
championship, the team increased its income from £201,485,000 in 2021 to
£249,038,000 last year, representing a gain of 23.6%. Cost of sales, the measure of
what the team spent on its overall operation, rose at a slower rate of 21.6% from
£145,264,000 to £170,395,000.

- Supply and demand:

India rice rates gain on higher demand; growing supplies cap upside

Rice prices in Asia have increased, with export rates for the parboiled variety in India
rising due to improved demand. The new season crop's increased supplies have
further boosted prices. India's 5% broken parboiled variety was quoted at $493-$503
per ton, despite paying a 20% export duty.

"Even after paying a 20% export duty, Indian rice remains cheaper than supplies
from other countries. Price sensitive buyers have no choice but to buy from India,"
said an exporter at Kakinada in the southern state of Andhra Pradesh

- Scarcity:

Afghanistan: Kabul faces severe water scarcity

The heatwave hitting the globe and severe drought, now in its fourth year, has
dramatically worsened water scarcity in Afghanistan, a country battered by decades
of war. Massive shortages have forced the residents of Kabul to pay high prices or
travel long distances to have access to water. The Taliban seized power in
mid-August amid a chaotic withdrawal of U.S. and NATO troops.
 - Opportunity cost:

Ford VS Toyota Which is better?

If what you are looking for is reliability, Toyota has the advantage over almost all
brands. To sizing things up a bit, JD's 2017 EV Confidence Survey gave a 5/5 for
powertrain and the same number overall. For its part, 3/5 in general reliability and
2/6 in powertrain. Toyota models come with more standard safety technology and the
brand has more models named IIHS Top Safety Pick+ winners and are easier to
maintain.

- Market economy:

$15K Drop In EV Prices Led By Tesla, As Model 3, Model Y Prices Fall

Electric vehicles are getting more affordable. Not quite at gas car levels but they’re
getting there.The average transaction price for a new electric vehicle dropped
sharply from a year ago, says Kelley Blue Book (KBB). Tesla's price cuts have
pushed electric vehicle (EV) prices down more than 22% year over year, from
$65,295 to $50,683, KBB said this past week.That’s down almost $15,000 from a
year ago. And in September the average price paid for an electric vehicle was
$50,683, down from $52,212 in August.

- Command economy:

Reports of North Korea’s Return to a Command Economy Have

Been Exaggerated

Kim’s major change in North Korea’s economic policy was to encourage competition.
Previously, the Democratic People’s Republic of Korea’s (DPRK) production unit was
responsible for only executing the production targets required by the country.
Through a constitutional amendment in 2019, North Korea abolished the “Taean
[alternative] Work System,” the doctrine of economic management of business in the
era of a command-based controlled economy, and instead adopted “the socialist
corporate responsible management system.” The new system gave companies
actual management rights, creating an environment in which substantial competition
could occur.

- Incentive:

The Story of How McDonald’s First Got Its Start

Dick and Mac asked themselves how they could prepare hamburgers, fries and
shakes as efficiently as possible. How, they wondered, could they streamline
operations for maximum profit? How could they distinguish themselves from the
other drive-ins? How could they speed up service?

In their quest for answers, they drew inspiration from East Coasters named Levitt.
This enterprising family applied Ford’s Model T–like assembly-line logic to building
homes on New York’s Long Island, where housing was needed in abundance to fill
the rapidly expanding suburbs. The McDonald brothers’ goal was to mimic this
prefab mentality in the preparation and serving of food: “Levittown on a bun.”

- Innovation:

Innovative Performance Powertrain in the All-new Hybrid-electric Dodge Hornet

R/T Named Wards 10 Best Engines and Propulsion Systems for 2023
The innovative performance plug-in hybrid electric vehicle propulsion system in the
2024 Dodge Hornet R/T, the first electrified performance vehicle from Dodge, has
been named a winner of the 2023 Wards 10 Best Engines and Propulsion Systems
award. This is the seventh consecutive year a Stellantis product has been included
in the prestigious list of winners.The honored powertrain combines a 1.3-liter
turbocharged I-4 engine with two electric motors to deliver a system output of 288 hp
and 383 lb-ft of torque. A 15.5 kWh lithium-ion battery pack enables more than 30
miles of electric range.

Extracted from:
Cooper, A. (2023, 4 octubre). Alpine F1 team made profit of £26.2m in 2022. Motorsport.
https://www.motorsport.com/f1/news/alpine-f1-team-made-profit-of-262m-in-2022/1052804
9/
Ap. (2023, 27 julio). Afghanistan: Kabul faces severe water scarcity. The Economic Times.

https://economictimes.indiatimes.com/news/international/world-news/afghanistan-kab

ul-faces-severe-water-scarcity/videoshow/102180781.cms

Ortega, J. (2022, 20 agosto). Ford VS Toyota ¿Cuál es mejor? Gossip Vehiculos.

https://gossipvehiculo.com/2022/08/19/ford-vs-toyota-cual-es-mejor/

Crothers, B. (2023, 15 octubre). $15K drop in EV prices Led by Tesla, as Model 3, Model Y

prices fall. Forbes.

https://www.forbes.com/sites/brookecrothers/2023/10/15/15k-drop-in-ev-prices-led-b

y-tesla-as-model-3-model-y-prices-fall/?sh=6f1c68777e86

Stellantis. (2023, 14 septiembre). Innovative Performance Powertrain in the All-new

Hybrid-electric Dodge Hornet R/T Named Wards 10 Best Engines and Propulsion

Systems for 2023. Cision PR Newswire: news distribution, targeting and monitoring

home.

https://www.prnewswire.com/news-releases/innovative-performance-powertrain-in-th

e-all-new-hybrid-electric-dodge-hornet-rt-named-wards-10-best-engines-and-propulsi

on-systems-for-2023-301928251.html

Reuters. (2023, 16 noviembre). India Rice rates gain on higher demand; growing supplies cap

upside. The Economic Times.

https://economictimes.indiatimes.com/news/economy/agriculture/india-rates-gain-on-

higher-demand-growing-supplies-cap-upside/articleshow/105261370.cms

Pitz, S. (2021, 29 marzo). Reports of North Korea’s return to a command economy have been

exaggerated - 38 North: Informed analysis of North Korea. 38 North.

https://www.38north.org/2021/03/reports-of-north-koreas-return-to-a-command-econo

my-have-been-exaggerated/
Napoli, L. (2016, 27 octubre). The story of how McDonald’s first got its start. Smithsonian

Magazine.

https://www.smithsonianmag.com/history/story-how-mcdonalds-first-got-its-start-180

960931/