Economy

Economy is a system which tries to balance the available resources of a country, including land, labour, capital and enterprise. The word “economy” derives from Greek language and means “household management”. Economy of a certain region or country is closely interlinked with such areas as culture, education, technological progress, history, political structure, legal systems, natural resources and ecology. These areas or factors set the conditions for the economy. That’s why some cultures create more productive economies and function better than others.