An economy consists of the economic system of a country or other area, the labor, capital and land resources, and the economic agents that socially participate in the production, exchange, distribution, and consumption of goods and services of that area. A given economy is the end result of a process that involves its technological evolution, history and social organization, as well as its geography, natural resource endowment, and ecology, as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions.

Hello

The information you have shared are really very nice and interesting.

Keep sharing your useful views like this.

Thank you.

With a gesture that combines bemusement with exasperation, he brushes aside any offer of help and walks slowly towards the courtyard. There is no mistaking that typically mischievous twinkle in his eye. I simply can’t believe that he is 95 years old. Bare chested and with just a dhoti twirled around, he still looks phenomenally fit; almost bursting with a zest for life. It is difficult to catch every word of what he is saying because his teeth have long gone. But we do manage to hear an interesting anecdote about how this former Congress worker and A class contractor met Jawaharlal Nehru along with a young Indira Gandhi with her two kids Rajiv and Sanjay Gandhi long, long ago, when they had come to Puri and Konark. You guessed it; at 95 years, Benudhar Pradhan of Beladala village, just a few kilometres from the holy town of Puri has been there and done all that. You would expect someone at his age to be basking in nostalgia and spoiling his brood of grand children and great grandchildren. Not Benudhar Pradhan. He is a 95-year-old warrior who speaks with fierce determination and seething anger about possibly fighting the last glorious battle of his life. You and I may see things in a different perspective but Pradhan is very clear about his ‘Last Mission’ – to save the holy town of Puri that houses the world famous Jagannath Temple from what he calls ‘desecration’. He has gathered a rag tag band of warriors from 22 nearby villages who have unanimously made him the President of Vedanta Vishwavidyalaya Sangharsh Samiti (VVSS).

Hello

The word "economics" is from the Greek words οἶκος [oikos], meaning "family, household, estate," and νόμος [nomos], or "custom, law," and hence literally means "household management" or "management of the state." An economist is a person using economic concepts and data in the course of employment, or someone who has earned a university degree in the subject.

The field may be divided in several different ways, most popularly microeconomics (at the level of individual choices) vs. macroeconomics (aggregate results), but also descriptive vs. normative, mainstream vs. heterodox, and by subfield. Economics has many direct applications in business, personal finance, and government. Theories and empirical techniques developed as a part of economics have, given that economics is fundamentally about human decision making, been applied to non-monetary choices in fields as diverse as criminal behavior, scientific research, death, politics, health, education, family, dating, etc.

In economics, business is the social science of managing people to organize and maintain collective productivity toward accomplishing particular creative and productive goals, usually to generate revenue.