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  LiveWire / Teen Forums / Deep Thoughts & Random Musings / Viewing Topic

the economy
Replies: 5Last Post July 10 11:17pm by lucid dreams19
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( Anonymous )

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I'm 15 I've been hearing it everywhere what exactly is it? Is it broken down into categories or what? And I live in U.S...

11:11 pm on July 10, 2009
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IGotAddicted


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the economy is all the money in the contry, basicly, the currency, and its worth.

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11:12 pm on July 10, 2009 | Joined: Mar. 2008 | Days Active: 120
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InsaneBlue


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Oops, I thought you asked if it was 'broken down'.

What ^ said. It's the goods we produce basically.

Post edited at 11:13 pm on July 10, 2009 by InsaneBlue

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11:13 pm on July 10, 2009 | Joined: Sep. 2006 | Days Active: 736
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Xerxes


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shit, its shit

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11:14 pm on July 10, 2009 | Joined: June 2009 | Days Active: 152
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happydaze


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Uh, it's kinda hard to explain the exact definition. But, it's pretty much a system a country has based on the idea of trading services (jobs) and usually earning some type of currency for it. It's the foundation of a country that provides and manages money/currency. Etc.

look it up on wikipedia or something if you wanna get more in depth. this is just my form of explanation.

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11:16 pm on July 10, 2009 | Joined: June 2009 | Days Active: 24
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lucid dreams19


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Quote: from happydaze at 1:16 am on July 11, 2009

Uh, it's kinda hard to explain the exact definition. But, it's pretty much a system a country has based on the idea of trading services (jobs) and usually earning some type of currency for it. It's the foundation of a country that provides and manages money/currency. Etc.

look it up on wikipedia or something if you wanna get more in depth. this is just my form of explanation.



ya thats pretty much it. hard to define

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11:17 pm on July 10, 2009 | Joined: May 2008 | Days Active: 410
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