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Definition for word economics.

Economics E`co*nom"ics, n. [Gr. ?, equiv. to ? ?. See Economic.] 1. The science of household affairs, or of domestic management. 2. Political economy; the science of the utilities or the useful application of wealth or material resources. See Political economy, under Political. ``In politics and economics.' --V. Knox.


Explination we found from Wikipedia for economics.

- an economy or economic system consists of the production , distribution or trade , and consumption of limited goods and services by
- 'economics' as a shorter term for 'economic science' that also avoided a narrow political-interest connotation and as similar in form to '
- economic development generally refers to the sustained, concerted actions of policy makers and communities that promote the standard of
- economic history is the study of economies or economic phenomena in the past. analysis in economic history is undertaken using a
- economic growth is the increase in the market value of the goods and services produced by an economy over time. it is conventionally
- economic inequality (also described as the gap between rich and poor, income inequality, wealth disparity, or wealth and income differences
- the european economic community (eec) was an international organization created by the treaty of rome of 1957 bring about economic
- economic freedom or economic liberty or right to economic liberty denotes the ability of members of a society to undertake economic
- an economic system is the system of producing and distributing of goods and services and allocating resources in a society. the economic
- 2009) is an ongoing marked global economic decline that began in december 2007 and took a particularly sharp downward turn in september 2008.


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