Economy is regarded as the largest set of inter-related consumption and production activities which aids in determining that how scarce resources are allocated. It is also known as the Economic system. It does encompasses activities which are related to consumption, trade of goods along with services and production. It does apply to every individual, corporates, Governments etc. The economy for the particular country or religion is governed with the cultures, Geography, history, laws, and some other factors. It evolves due to the requirement. The word Economy Greek and it refers to “house hold management”. In Ancient Greece philosophers touched the base of economics, but modern study of economics began in 18th century in Europe, majorly France and Scotland.
Political economy was referred to as study of how people worked together for using the appropriate resources for the production. Further economics could be broken down into Macro and Micro economics. Here are economy related articles and news which can help you.
Investing in Frontier Markets While the performance of frontier markets continues to impress, many individual investors are still hesitant to take the plunge. The risks associated with such investments are […]
Just like physical exercises are needed to maintain a healthy body, a smart planning is indispensable for maintaining a good financial health. Hence, an intelligent financial planning is what you […]