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An economy is what it is?

3 Answer(s) Available
Answer # 1 #

If you follow the links, you can read an illustrated introduction to Economics: Volume One: Microeconomics - Yoram Bauman, Grady Klein, and Volume Two: Macroeconomics.The audio clips of Yoram Bauman are great.

Muzammil ngtp
Answer # 2 #

Any economy is a system of managing resources.Any production of goods or services from hunter-gathering to the management of a modern nation state is technically an economy.Economics studies the processes of how resources are produced, distributed and consumed in a society.

De'Mario Matthau
Answer # 3 #

Economy usually means wealth and resources of a country or region, especially in terms of the production and consumption of goods and services, and also it is defined how carefully country manages them in terms of utilization of those resources

Chez Sieger
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