Point of View: It's Personal Plural and Possessive Names: A Guide What's the difference between 'fascism' and 'socialism'? More Commonly Misspelled Words Words You Always Have to Look Up Popular in Wordplay See All 8 Words with Fascinating Histories ...
“Economics is an inquiry into the nature and causes of the wealth of nations.”— Adam Smith “Economics is the study of mankind in the ordinary business of life. It examines that part of the individual and social activities that are closely related to the attainment of material resources, ...
Economic life is the expected period of time during which an asset remains useful to the average owner. When an assetdepreciates to the pointit is no longer useful to its owner, then it is said to be past its economic life. The economic life of an asset could be different than its act...
economic - of or relating to an economy, the system of production and management of material wealth; "economic growth"; "aspects of social, political, and economical life" economical 2. economic - of or relating to the science of economics; "economic theory" 3. economic - using the minimum...
The meaning of ECONOMY is the structure or conditions of economic life in a country, area, or period; also : an economic system. How to use economy in a sentence.
2.organization of money and resources.the country's economy;household economy.economía economic(iːkəˈnomik)adjective 1.of or concerned with (an) economy.the country's economic future.económico 2.likely to bring a profit.an economic rent.rentable ...
Hyper-consumerism has been widely criticized for its economic, social, environmental, and psychological consequences. Investopedia / Matthew Collins Understanding Consumerism In common use, consumerism refers to the tendency of people living in acapitalisteconomy to engage in a lifestyle of excessive mater...
Several economic concepts that influence definition of economic merit are discussed. A profit equation including fixed and variable costs, an aggregate genotype including important lifetime traits, and a selection index are used in a hierarchical approach to economic definition of total performance, breed...
Poverty, the state of one who lacks a usual or socially acceptable amount of money or material possessions. Poverty is said to exist when people lack the means to satisfy their basic needs. Learn more about types and causes of poverty in this article.
Relative poverty measures whether individuals or households are able to participate in the life of the country in which they live. Transfer payments转移支付:welfare benefits are transfers from the government to those that cannot provide for...