People are having fewer kids. Their choice is transforming the world's economy - NPR
People are having fewer kids. Their choice is transforming the world's economy NPR
October 27, 2025Summary
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency.
Definitions
- Effective management of a community or system, or especially its resources.
- The study of money, currency and trade, and the efficient use of resources.
- Frugal use of resources.
- The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
- The method of divine government of the world. (See w:Economy (religion).)
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October 29, 2025Videos
Economies
8000€ d'économies !
8000€ d'économies !
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What is economies?
Effective management of a community or system, or especially its resources.
Where can I find more information about economies?
You can search for economies on DuckDuckGo or check other resources online.
What are some synonyms for economies?
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