Alternative spellings

Noun

Wikipedia has an article on: Economy

Wikipedia

Singular economy

Plural economies

economy (plural economies)

  1. Effective management of the resources of a community or system.
  2. The collective focus of the study of money, currency and trade, and the efficient use of resources.
  3. Frugal use of resources.
  4. The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
  5. (theology) The method of divine government of the world.

Derived terms

terms derived from economy

Related terms

terms related to economy

From Wiktionary under the GNU Free Documentation License.
Tue Feb 16 23:20:30 2010

An economy consists of the realized economic system of a country or other area, the labor, capital and land resources, and the economic agents that socially participate in the production, exchange, distribution, and consumption of goods and services of that area. A given economy is the end result of a process that involves its technological evolution, history and social organization, as well as its geography, natural resource endowment, and ecology, as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions.

Today the range of fields of study exploring, registering and describing the economy or a part of it, include social sciences such as economics, as well as branches of history (economic history) or geography (economic geography). Practical fields directly related to the human activities involving production, distribution, exchange, and consumption of goods and services as a whole, range from engineering to management and business administration to applied science to finance. All kind of professions, occupations, economic agents or economic activities, contribute to the economy. Consumption, saving and investment are core variable components in the economy and determine market equilibrium. There are three main sectors of economic activity: primary, secondary and tertiary.

From Wikipedia under the GNU Free Documentation License
Mon Mar 8 11:08:32 2010

What allows the US economy to stay afloat, regarding its mountain of debt?
Q. I am curious as to what final leg(s) we are left standing on? Obviously our economy can be roughly translated as "debt". As our ability to borrow dwindles, so goes our economy. Obviously our economy was way overheated in the late 90's. So now we are contracting; I saw an article comparing Japan of the late 80's to our economy at its peak, and thought it's not coincidental that roughly the same thing is happening in the US. Of course our total outstanding national debt sits around $54-55 trillion(!) range. How can we possibly function in this capacity?
Asked by Justin - Sun Jul 20 04:05:51 2008 - - 2 Answers - 0 Comments

A. Billionaire investment guru Warren Buffett has declared that the US recession has begun."We are in a recession," Mr Buffett said in a TV interview. "Across the board I am seeing a significant slowdown." Mr Buffett's analysis is supported by a string of data pointing to a contracting economy. The latest figures show US manufacturing shrank at its fastest pace in almost five years while construction spending fell the most since 1994. Scott Anderson, a senior economist at Wells Fargo, said: "The evidence is piling up that the economy is slipping into at least a mild recession. "With the much higher food and energy prices and restricted credit, there are not a lot of avenues for consumers to continue to spend." US home-building is… [cont.]
Answered by Gooddad - Wed Jul 23 02:34:56 2008

How does domestic economy and international trade affect strength of the economy?
Q. Working on a final. I need to assess the economy in quest to purchase a home. How does domestic economy and international trade factor in? In what way does domestic and international trade help the economy?
Asked by Becky J - Sun Aug 23 14:15:35 2009 - - 2 Answers - 0 Comments

A. I have been involved with international trade for over 16 years and study world economics as a hobby so please allow me to share some insight: The U.S. dollar, still the benchmark for world currency, has been declining in value the past several years. A detriment to U.S. consumers and U.S. companies that import products, the weakening dollar benefits some players in the global marketplace. Current economic factors that may be signaling recessionary conditions in the U.S. economy and could undermine confidence of U.S. dollar-based assets include the downturn in housing, turbulence in the equity markets and job woes. Additional interest rate cuts by the U.S. Federal Reserve could further erode the return of investors as lower interest… [cont.]
Answered by KGI - Tue Aug 25 14:26:43 2009

How can i upgrade from economy to first class when my travel agent isnt ready to do so?
Q. How can i upgrade from economy to first class when my travel agent isnt ready to do so? How can i upgrade from economy to first class when my travel agent isnt ready to do so? and hes giving stupid excuses which arent valid... my fathers medical condition is such that he needs first class seat in the airplane...can i sue this travel agent ? what are my consumer rights in this case?
Asked by delta force sniper. - Tue Apr 22 05:04:59 2008 - - 1 Answers - 0 Comments

A. If you have pruchsed an economy class ticket and want an upgrade. You must either having enogh flying miles with the particular airlines or ready to pay the difference in amount between eco class and first class. Travel agent could not do anything. If you want to have your father travel in first class, please buy him a first class ticket.
Answered by Rajapandian G - Tue Apr 22 05:10:39 2008

From Yahoo Answer Search: "economy"
Mon Mar 15 14:39:32 2010

Economics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Greek for oikos (house) and nomos (custom or law), hence "rules of the house(hold).

This theme article needs cleanup. Please review , especially the , to determine how to edit this article to conform to a higher standard of article quality. This page has been listed as needing cleanup since 2006-11-28.

Sourced

Alphabetized by author
  • In fact, without any exaggeration, the current mechanism of money creation through credit is certainly the "cancer" that's irretrievably eroding market economies of private property.
    • Maurice Allais, in La Crise mondiale d’aujourd’hui. Pour de profondes réformes des institutions financières et monétaires (1999), p. 74
  • The more opportunities there are in a Society for some persons to live upon the toil of others, and the less those others may enjoy the fruits of their work themselves, the more is diligence killed, the former become insolent, the latter despairing, and both negligent.
House passes jobs bill: no giant leap against unemployment - Christian Science Monitor
news.google.com
House passes jobs bill: no giant leap against unemployment

Christian Science Monitor

That, along with signs of gradual improvement in the economy , could help the labor market begin to recover. "This is one of a series of critical measures to ...

Obama held only one health care event in his first four months in office ... Slate

Jobs bill vote this afternoon msnbc.com

Obama: Finish health reform msnbc.com



all 6,961 news articles »
Pound May Cement BOE Pause as Stimulus Aids Economy - BusinessWeek
news.google.com
Pound May Cement BOE Pause as Stimulus Aids Economy

BusinessWeek

King said last month it was far too soon to call an end to the bank's purchases as the economy struggles to grow and concerns about ballooning budget ...



and more »
Virginia farm exports hit $2.3B, despite economy - BusinessWeek
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Virginia farm exports hit $2.3B, despite economy

BusinessWeek

"This is Virginia's greatest business," Gov. Bob McDonnell told a farm-export forum on Wednesday. He said global exports from Virginia's ...



and more »

From Google News Search: "economy"
Fri Mar 5 04:18:39 2010

economy03 jpg
kevincolby.com
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Treasury Secretary Timothy Geithner has finally come up with an answer to the question of what it s going to take to get the economy moving again In essence the government is going to set up

Chinese Economy
economychina.com
Chinese Economy
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Chinese Economy
economychina.com
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From Yahoo Image Search: "economy"
Sat Feb 13 23:43:39 2010

Brown Steps Up Attack on Economy as Poll Shows U.K. Election Gap ...
industry-news.org
Brown Steps Up Attack on Economy as Poll Shows U.K. Election Gap ...

unknown

Mon, 15 Mar 2010 06:59:22 GM

By Thomas Penny and Gonzalo Vina March 15 (Bloomberg) -- UK Prime Minister Gordon Brown said the opposition Conservatives would wreck the recovery with their planned budget cuts, stepping up his attacks after a poll showed his ruling ...

 Economy Proof Jobs Options To Consider | Lynn Perron
lynnperron.com
Economy Proof Jobs Options To Consider | Lynn Perron

Wealth Building Team

Mon, 15 Mar 2010 04:48:27 GM

Needless to say we are going through difficult times in our country right now. Unfortunately many Americans livelihoods depend on the condition of the . economy. .

Local Advertising Keys in a Down Economy | CPAPortal.com
cpaportal.com
Local Advertising Keys in a Down Economy | CPAPortal.com

admin

Mon, 15 Mar 2010 02:58:15 GM

We all know is a little slow out there right now. Especially in Michigan. The . economy. is struggling, but that doesn't mean our businesses.

From Google Blog Search: "economy"
Mon Mar 15 03:34:42 2010