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As any first-year econ student will advise you, there are two disciplines in economics - microeconomics and macroeconomics. And they do not like each other. As the U.S. Congress prepares dropping the hammer for the financial services industry, let's consider the forces which might be butting heads and why it is just since they've chose to accomplish that. Microeconomics is the area that business students gravitate towards. Profit maximization will be the mantra, with marginal costs and fixed costs optimized to make businesses all the money as is possible. Microeconomics blogs about the world from the eyes of the CEO, who looks to accomplish what's best for his company - bring in more money and deliver value. Although Michele watches only have been known in the United States for a few years, the true history behind the corporation starts back towards the 1940's. The company began while using exquisite considering watchmaker Maurice Barouh in Belgium. His strong belief in quality and refinement set the company up for where it really is today. When tractors were first developed, they used enormous steam engines which were notoriously unreliable and challenging to maintain. These were phased out round the turn in the 20th century and substituted with internal combustion engines that have been more compact yet still powerful and ran on the variety of fuels including kerosene, ethanol and gasoline. By the 1960s many of these engines were phased out and only more effective internal combustion engines that ran on diesel and after this, biodiesel.