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  1. What does economy mean? The word economy describes how a country or place is doing in making goods , and how much money it has. The amount a country sells and makes is called economic...

  2. The word economy describes how a country or place is doing in making goods, and how much money it has. The amount a country sells and makes is called economic activity.

  3. definition: the system of making and spending money and producing goods and services within a certain place, such as a state or country. The new factory will help the state's economy.

  4. Encyclopædia Britannica, Inc. Economics is a social science that studies how a society’s resources are shared. It describes and analyzes choices about the way goods and services are produced, distributed, and consumed. It also assesses the consequences of those choices.

  5. A national economy is the production, distribution and trade, consumption of goods and services by different agents of a nation. The national economy in a global context is primarily about macroeconomics.

  6. Economics is the study of the economy, or the part of a society that creates wealth. Wealth is not just money . Wealth comes from the production of goods and services, which people buy with money.

  7. 18 Οκτ 2020 · Explaining to your child how the economy impacts employment and job opportunities can give them a better idea of what’s going on in the world. It also helps contextualize economic downturn and what it might mean for your family.

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