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What does “economy” really mean????


when i think of the word “economy” i think of global warming, pollution, crime, abuse,

 

Economy isn’t a bad word. Its just associated with bad things. The economy is what drives the world, meaning it drives the bad stuff and the good stuff. Take the price of oil, when the price of oil goes up the economy goes down. The economy is directly linked to the stock market and the price of oil rising causes the stock market to decline which frightens people. The frightened people spend less money and when less money is being transferred the value decreases. When the value decreases living conditition detoriorate because people spend less money on less things. The economy is slumping now so everything that is going wrong in the world is pretty much blamed on the economy.

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