World travel is the comparision between rich and poor Economics is analyzes the production, distribution, and consumption of goods and services.
Economics Defined: Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek "management of a household, administration" or "custom" or "law"), hence "rules of the house(hold)".
My opinion - I recently returned to Fort Wayne, Indiana, a place where I invested, sold commercial, and residential real estate for 15 years. I estimate that 30-40 percent of the businesses in Fort Wayne are completely out of business. USA “Head Up Ass Syndrome.”
“It’s a recession when your neighbor loses his job. it’s a depression when you lose your own.” -- Harry S. Truman
World travel is the comparision between rich and poor Economics is analyzes the production, distribution, and consumption of goods and services.
Economics aims to explain how economies work and how economic agents interact. Economic analysis is applied throughout society, in business, finance and government, but also in crime, education, the family, health, law, politics, religion, social institutions, war, and science.
Tue, 13 Jul 2010 10:44:57