Jump to content

ECONOMICS

From scientopedia

A · B · C · D · E · F · G · H · I · J · K · L · M · N · O · P · Q · R · S · T · U · V · W · X · Y · Z

Definitions

1. the word originally meant "the science or art of managing a house or household" and that is still its first meaning. From this grew up a study of the whole community as a connected activity. (HCO PL 27 Nov 71)

2. when one begins to receive and spend money he gets into a field known as economics. WO PL 27 Nov 71)

3. in modern language means the social science that studies the production, distribution and consumption (using) of commodities (things). (HCO PL 27 Nov 71)