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What is the definition of economies?

Economy is thrifty management; frugality in the expenditure or consumption of money, materials, etc. Economy is also the system of production and distribution and consumption.


The study of the production and distribution of our wealth is?

economics i guess


What is the production and distribution and use of wealth?

political econamy


What are the three components of capitalism?

production, distribution, and exchange of wealth


How should 'economics' be defined?

Economics is the social science concerned with the production, distribution, and consumption of wealth and the allocation of scarce resources in order to meet apparently unlimited human wants.


Economics is the study of living things in relation to each other?

Economics is the study of production, distribution and consumption of wealth. The study of living things in relation to each other is known as ecology.


How is shareholder wealth measured?

Shareholder wealth is determined by measuring the market value of the common stock holdings of the shareholders. More specifically, the price at which the stock in question trades in the marketplace.


Is the study of how goods services and wealth are produced?

Economics is about the production and distribution and ownership and taxation of goods, services, and wealth.


What question would have the answer economics?

What is the study of production, consumption, and transfer of wealth? The answer would be economics.


-give the definition of economics in less developed countries?

science of the production and distribution of wealth.


What do you call a system that looks at the production of goods the distribution of wealth and the ownership of land and industry?

economic systemcollective


What do we call a system that looks at the production of goods of the distribution of wealth and the ownership of land and industry?

a private system