Adjective

economic (comparative more economic, superlative most economic)

Positive economic

Comparative more economic

Superlative most economic

  1. pertaining to an economy
  2. frugal; cheap (in the sense of representing good value); economical.
  3. pertaining to the study of money and its movement

From Wiktionary under the GNU Free Documentation License.
Mon Jul 6 10:17:44 2009

An economy (or "the economy") is the realized economic system of a country or other area. It includes the production, exchange, distribution, and consumption of goods and services of that area. The study of different types and examples of economies is the subject of economic systems. 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, among other 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.

The word "economy" can be traced back to the Greek word "one who manages a household", derived from οἴκος, "house", and νέμω, "distribute (especially, manage)". From οἰκονόμος "of a household or family" but also senses such as "thrift", "direction", "administration", "arrangement", and "public revenue of a state". The first recorded sense of the word "economy", found in a work possibly composed in 1440, is "the management of economic affairs", in this case, of a monastery. Economy is later recorded in other senses shared by οἰκονομία in Greek, including "thrift" and "administration". The most frequently used current sense, "the economic system of a country or an area", seems not to have developed until the 19th or 20th century.

From Wikipedia under the GNU Free Documentation License
Mon Jul 6 06:46:37 2009

How will Americas economic system and policies change if we have another depression?
Q. The great depression in 1929 changed Americas economic system greatly. What do you think will happen IF, thats if, we have another depression? Do you think Capitalism will survive? A more socialist model maybe take its place? I think the government would bail us all out, what I mean is, they would give people things like food and gas. (maybe not the gas, LOL) But I think we would definitely become a bit more socialist. Healthcare anyone?
Asked by Fuzzy108 - Fri Jun 6 09:57:23 2008 - - 5 Answers - 0 Comments

A. Ummm some say we are already in a depression as great as the one in '29. As a result you see the price of everything on the rise like gas, food, living expenses. It seems like we are losing our capitalistic ideals and falling to a more socialistic model for society anyway
Answered by CE Turner - Fri Jun 6 10:01:43 2008

How does the economic crisis affect tennis scholorships in America?
Q. Im currently applying to colleges throughout america looking for a tennis scholorship. Does the economic crisis affect this and to what extent?
Asked by Zak D - Mon Oct 27 23:03:45 2008 - - 1 Answers - 0 Comments

A. I am not very sure. I don't think so. The economic crisis will not effect college scholarship. I hope this helps! If you want any answers for this question or another question email me at rogerfedererfanclub@yahoo .com Or if you want a detailed answer for this question.
Answered by rogerfedererfanclub - Mon Oct 27 23:44:37 2008

What are some examples of political and economic systems?
Q. Hello. I am a softmore in high school. My global history teacher was absent and she left a very unclear homework assignment. The assignment is to define and give examples of ALL political and economic systems. I am so confused. I don't even know where to start. I just want to know which words I have to define. I would really appreciate it if somebody gave me a list of such political and economic systems that I should define.
Asked by joe - Sun May 21 20:02:56 2006 - - 3 Answers - 0 Comments

A. There is Liberal Deomcracies like the US, UK and most of europe, where people can vote and the government allowed private properties and business and does not interfere too much in the economy. Communism like China and Russia in the past, this is where the government owns everything and people have limited political rights. There is also fascism like Germany and Italy in the Second World War, this is a chaotic system where the government rigidly controls the social structure of the country. If I were you I'd look up Liberalism, Socialism, Communism and Fascism on wikipedia or answers.com. Or even better get a book from the library.
Answered by peaco1000 - Sun May 21 20:07:43 2006

From Yahoo Answer Search: "economic"
Wed Jul 15 15:48:28 2009

Oil Falls to 8-Week Low, Gasoline Drops, on Economic Concern - Bloomberg
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Oil Falls to 8-Week Low, Gasoline Drops, on Economic Concern

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We have several big economic reports this week and they better come out better than expected. Otherwise, there will be further pressure on oil prices. ...



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Weak Economic Conditions To Have Negative Impact On Back-to-School ... - RTT News
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Commentary: Business Advice for Enduring Tough Economic Times - KUAR
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Commentary: Business Advice for Enduring Tough Economic Times

KUAR

BUFFALO, NY (WBFO) - Economically, the past 12 months have been tough; really tough. You've heard it for yourself on WBFO - and across the country, ...



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From Google News Search: "economic"
Wed Jul 15 15:45:42 2009

20040622 HK Economic Time Article thumb jpg
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[source page]

22 June 2004 HK Economic Times

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May 28 2005 scmp economic rebound cuts two ways Economic Rebound1 jpg Economic Rebound2 jpg

Peoples agenda for economic justice 032 jpg
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[source page]

Peoples agenda for economic justice 032 jpg

From Yahoo Image Search: "economic"
Wed Jul 15 07:17:35 2009

Middle East (UAE and GCC) Finance and Investment News: Economic ...
rupertbumfrey.blogspot.com
Middle East (UAE and GCC) Finance and Investment News: Economic ...

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Mon, 13 Jul 2009 03:55:00 GM

Economic. laws need amendment to keep pace with rapid growth (Interview). The UAE's Federal National Council (FNC) has no objections to complete foreign ownership of businesses in huge and strategic industrial projects, according to its ...

 Economic Reality, Dayton Police Department Mess With Joe Biden ...
campaignspot.nationalreview.com
Economic Reality, Dayton Police Department Mess With Joe Biden ...



hu, 09 Jul 2009 17:40:06 GM

Thursday, July 09, 2009. joe biden. . Economic. Reality, Dayton Police Department Mess With Joe Biden. Vice President Joe Biden, on the defensive in Ohio today: "What would they say to those tens of thousands of teachers who got their pink ...

Geithner Heads to Middle East to Calm Bond Buyers | Foundation for ...
fee.org
Geithner Heads to Middle East to Calm Bond Buyers | Foundation for ...

Sheldon Richman

Mon, 13 Jul 2009 12:25:27 GM

This month's The Freeman is causing some debate about the Austrian explanation of the recent . economic. downtown. Roger Garrison's piece on the subject garnered attention from economist Brad DeLong, who responded to the article on his ...

From Google Blog Search: "economic"
Mon Jul 13 20:26:45 2009