Economy |
Published in Iran 
- Social interactions and entertainment - 0 - 05 May 20 07:15
An economy (from Greek οίκος – household and νÎμoμαι – manage) is an area of the production, distribution and trade, as well as consumption of goods and services by different agents. Understood in its broadest sense, The economy is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources.
Wikipedia.
The English words economy and economics can be traced back to the Greek word οἰκονόμος (i.e. household management), a composite word derived from οἶκος (house;household;home) and νÎμω (manage; distribute;to deal out;dispense) by way of οἰκονομία (household management).The first recorded sense of the word economy is in the phrase the management of Å“conomic affairs, found in a work possibly composed in a monastery in 1440. Economy is later recorded in more general senses, including thrift and administration.The most frequently used current sense, denoting the economic system of a country or an area, seems not to have developed until the 1650s.
WikipediaEconomy is one of the most important sciences in the world. As long as the money is motor of the society everything related to that is important and Economy is a science that manages the money of every country.
We can see many poor countries specially in Africa continent. It is because they do not pay much attention to economy.
The more officials and citizens of a country pay attention to economy the less poverty and bad economical situations they exprience.Support
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