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17 Дек, 2022

Market of educational services

According to HolonIQ, the education market has more than quintupled from $1 trillion to $5.4 trillion between 2010 and 2020, and could rise to $7.3 trillion by 2027. One of the main reasons for such dynamics is the speed of development and the scale of the influence of modern technologies on all industries.

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Scientists have found out the reasons for the sharp rise in prices in Germany. Specialists from the Munich-based Institute for Economic Research found that in many industries prices are artificially inflated, taking advantage of high inflation and lack of supply in the market. This is especially true in the areas of trade, construction and agriculture, but also in the hotel and restaurant business, the transport industry, the forestry industry and fishing.

In general, scientists see no reason for state intervention in the situation. They emphasize that only competition helps against overpricing, and urge consumers to consciously look for goods and services that are more profitable. The institute notes that the price increase was also facilitated by the deferred demand of consumers, who accumulated money during the pandemic and began to spend it after the lifting of sanitary restrictions.


SpaceX’s Falcon 9 rocket launched into orbit on Friday carrying the SWOT (Surface Water and Ocean Topography) satellite, designed to probe the Earth’s water surface, NASA said.


Iran has sentenced 17-year-old Sonia Sharifi to death by hanging. She was accused of «waging war against God.»


US Senate approves 2023 defense budget of about $850 billion


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