The key words of the 5th " Friends of Time " New Year's Eve speech were: Basic, what is " basic "?

The basic unit was the basic unit that could provide labor and capital in an economy. To put it simply, it was the people or regions that provided the basic productivity and capital for the enterprise. In economics, the basics were usually considered to be the most basic, stable, and harmless sectors of the economy, such as farmers, workers, and urban civilians. The labor and capital provided by these people or regions were an important force in promoting economic development, so they were also called "basic productivity". The stability and prosperity of the fundamentals were crucial to the healthy development of the entire economic system. When the basic needs were met, the economy would prosper, but when the basic needs were insufficient or threatened, the economy would face challenges. Therefore, it was very important for an analyst to know the fundamentals of the market and predict economic trends and formulate policies.