Difference between revisions of "Economy"
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| + | [[Economy]] is the social arrangement that determine what is produced, how it is produced, and for whom it is produced. | ||
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| + | ==Definitions== | ||
| + | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
| + | ::[[Economy]]. Social arrangement that determine what is produced, how it is produced, and for whom it is produced. | ||
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==See also== | ==See also== | ||
===Related lectures=== | ===Related lectures=== | ||
Revision as of 06:06, 30 May 2020
Economy is the social arrangement that determine what is produced, how it is produced, and for whom it is produced.
Definitions
According to Principles of Economics by Timothy Taylor (3rd edition),
- Economy. Social arrangement that determine what is produced, how it is produced, and for whom it is produced.
