-->
-
A society's economy is the system that governs how goods and services are produced and exchanged among members. Although the metrics used to describe an economy are calculated by using money, the economy of a country, region or locality, reflects the moral, cultural and political choices of that society.PARoss Services: More Than Money
-
Fast Facts
- Term economy comes from a Greek word meaning to manage a householdOikos: Why Oikos?
- Largest economy, 2007: European UnionCIA World Fact Book: Rank Order - GDP (purchasing power parity)
- Smallest economy: New Zealand territory of TokelauCIA World Fact Book: Rank Order - GDP (purchasing power parity)
- United States rank, 2007:
-
Market Economy
A society that permits the principles of supply and demand to determine the production and pricing of goods and services, is said to have a market economy.Investopedia: Economics Basics: Demand and Supply -
Planned Economy
If the production, distribution and consumption of resources are centrally managed by a government or government agency, a society is said to have a planned economy. -
Mixed Economy
Most countries today have a mixed economy, where some aspects are managed by free market principles, and others have restrictions placed on them by the government. For example, a country may choose to centrally manage health care, while allowing consumer goods to be governed by market forces. -
Key Metrics
- GDP: Gross Domestic Product
- GNP: Gross National Product
- CPI: Consumer Price Index
-
Categories
Managed By: marisaupa
Managed Since: 11/01/2009
Views: 0
Money Earned: M$0.00
Page revenue is subject to change as we obtain data from our partners
Managed Since: 11/01/2009
Views: 0
Money Earned: M$0.00
Page revenue is subject to change as we obtain data from our partners
- View History
- Discuss on the Message Board
- Embed this Page
-
Share this page
-
-
The Mahalo Top 7
-
NPR: Economy
npr.org -
Bureau of Labor Statistics: United States Economy at a Glance
bls.gov -
Wikipedia: Economy
en.wikipedia.org -
The Atlantics: What Is an Economy For? (January 1994)
theatlantic.com -
YouTube Video: U.S. Economy - Just How Scared Should You Be? (Time: 10:57)
youtube.com -
CNNMoney: Economy Archive
money.cnn.com -
Moody's Economy.com: Economic Analysis, Data, and Forecasting
economy.com
-
NPR: Economy
-
-
Economy on Twitter Powered by Twitter
-
I was afraid I wld become disappointed by Barack now after the HBO Doc but it renewed my optimism ab the future. Economy was alrdy N toilet
@bsonder | November 09, 2009 12:58 AM -
Cheers for Weak Economy: The same problem that worries many U.S. investors over the longer term is what encoura.. http://bit.ly/3AxPTA
@BeachRealEstate | November 09, 2009 12:58 AM -
78% Full schedule! Cool - doing pretty good in this economy AND room for GROWTH too!
@kjor33 | November 09, 2009 12:58 AM -
Will smut survive the recession? Check out our editorial, and see why not even sex sells in this economy -- http://tinyurl.com/yagq6st
@emorywheel | November 09, 2009 12:57 AM -
My dad just called me and rambled about the economy for about 45 minutes. Now I'm super depressed and hate Obama. Thanks Dad!
@melissacell | November 09, 2009 12:57 AM
-
-
Economy on Amazon | View All
-
Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism - $24.95
The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spiri...
Amazon -
Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism - $24.95
The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spiri...
Amazon -
False Economy: A Surprising Economic History of the World - $35.00
An important book for turbulent times-an accessible and engaging economic history of the world, by a leading economic writer. Alan Beattie has long been intrigued by the fates of different countries, economies, and socie...
Amazon -
False Economy - $26.95
An important book for turbulent times-an accessible and engaging economic history of the world, by a leading economic writer. Alan Beattie has long been intrigued by the fates of different countries, economies, and societies-why some fail a...
Amazon -
False Economy: A Surprising Economic History of the World - $26.95
An important book for turbulent times-an accessible and engaging economic history of the world, by a leading economic writer. Alan Beattie has long been intrigued by the fates of different countries, economies, and socie...
Amazon
-
-
Questions and Answers About Economy | View All | Ask a Question
View All Economy Questions (202) | Ask a QuestionWhy did Taiwan move from hyperinflation to a stable economy? (1 Answer)I would advise you to read this site it will give you all the answers to your questions. Most of your questions ask on mahalo deserve detail precise answers and ... read moreWhat is causing Africas economy growth? (1 Answer)The main causes are: Oil, Mining and Tourism. But the African economic growth is projected to decline by 50% in 2009 due to the current global financial crisis. Oil exporting ... read moreHow long do you think it will be until the economy turns around? (2 Answers)Very complicated question. First, understand anything impacting the economy will take 6-12 months to actually effect people. I will wager my prediction somewhere in Q3 2009-Q1 2010. read moreHas Hong Kong remained a free-market economy? (1 Answer)---Quote--- Hong Kong has been named the world's freest economy for the 15th year in a row, according to an annual report released by the conservative Heritage Foundation and the ... read more
Ask a Question about Economy 140 characters
-
