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The term is economy, from the words eco- (οικο-) meaning house, home and -nomy (νομος) meaning law, order.

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13y ago
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2w ago

The term "economics" is based on the Greek root word "oikos," which means home or household, and "nomos," which means law or order. Economics originally referred to the management and organization of the household.

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Q: What term is based on greek root word meaning ordered arrangement of the home?
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