answersLogoWhite

0

What is economically mean?

User Avatar

Anonymous

8y ago
Updated: 12/2/2020

when because of situation like accident, recession, inflation, and due to negligence act of some one an economical smooth going activity gets affected and instead of generating income start spending more is called economical loss. when an asset losses its value due to aging i.e. depreciation which can not be renewed is also economical loss. when price of share start going down than the purchase price due to bearish market players is also economical loss. when due to inflation purchasing value of money goes down and makes living costlier is also economical loss. when a producer did not recover the production cost and fix costs also is also economical loss . when due to natural calamities assets as well as human beings were destroyed that is also one kind of economical as well as human resource loss . when due to wrong time management economical activities get affected and damage also that is also a loss.

Rahul.c.kulkarni..

User Avatar

Aurelie Renner

Lvl 10
3y ago

What else can I help you with?