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Hello
#16
(03-02-2011, 04:17 AM)latch Wrote: Also, what does this even mean? You squander excess? You're frivolous when extravagant? How long has this been a shortcoming of yours- so much so that you would mention it? Are you trolling?


Wiki:
An economy consists of the economic system of an 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.




"Being" economical is marked by careful, efficient, and prudent use of resources.

Remind me again, if earth as a whole is the economy to be observed how can a sensible person rationalize that it is economical.
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Hello - by Mr. President - 28-01-2011, 07:41 AM

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