"Regional high school graduation rates have a major impact on economic growth, particularly entrepreneurship. To determine the relationship between education and growth, researchers incorporated recent theories of entrepreneurship and new enterprise creation into traditional economic models. The recently published Small Business Administration Office of Advocacy report, Using Census Business Information Tracking System (BITS) to Explore Entrepreneurship, Geography and Economic Growth, discusses findings. Researchers found a positive relationship between U.S. entrepreneurship and high school graduation across all industry sectors, except manufacturing."
Alternative Payment Methods (APMs) – comprising digital wallets, instant payments, and QR payment systems – are experiencing explosive growth that's reshaping the global financial services marketplace. According to the latest worldwide market study by ABI Research , the combined global transaction value for APMs is projected to reach $142 trillion by 2030. What's particularly fascinating is the underlying driver behind this trend: a growing desire for financial sovereignty, with nations developing domestic payment ecosystems rather than remaining dependent on international financial networks. Payment Ecosystem Market Development In 2024, approximately 45 percent of the global population used digital wallets – a remarkable adoption rate for a technology that barely existed a decade ago. China leads this transition, with 95 percent of its population using WeChat's payment functionality. WeChat exemplifies the "super app" phenomenon, where payment capabilities are in...