And why did they make it so it goes up and down all of the time???
Why wouldnt they make it better and more stable?
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Just a thought....
2007-04-30 07:59:30 · 3 answers · asked by Fer t 3 in Education & Reference ➔ Trivia
The ancient economy was mainly based on subsistence farming. The exchange of goods happened within a barter economy. In Ancient Greece, when the word 'economy' arose, the majority of people were bond slaves of the freeholders. Economic discussion was driven by scarcity. Aristotle (384-322 B.C.) was the first to differentiate between a use value and an exchange value of goods. (Politics, Book I). The exchange ratio he defined was not only the expression of the value of goods but of the relations between the people involved in trade. Economy became a synonym for trade, money and profit. For most of the time in history economy therefore stood in opposition to institutions with fixed exchange ratios as reign, state, religion, culture and tradition.
2007-05-01 12:26:46 · answer #1 · answered by djfurey2002 6 · 0⤊ 0⤋
The economy was not invented. It is a word coined to describe the financial state of a select group. It goes up and down due to choices consumers make, availability of products, and government interference
2007-05-03 10:36:09 · answer #2 · answered by TAT 7 · 0⤊ 0⤋
I think Al Gore. It was his previous project before inventing the internet.
2007-04-30 08:08:04 · answer #3 · answered by pickledchang 2 · 1⤊ 0⤋