Economy Meaning In History. Economics social science that seeks to analyze and describe the production distribution and consumption of wealth. The structure or conditions of economic life in a country area or period also.
Nov 02 2020 The word economy is Greek and means household management. Countable noun A countrys economy is the wealth that it gets from business and industry. Nov 02 2020 Economics is the science that concerns itself with economies.
That is it studies how societies produce goods and services as well as how they consume them.
The sense of wealth and resources of a country. The management of the resources of a community country etc especially with a. The structure or conditions of economic life in a country area or period also. An act or means of thrifty saving.
