WebMar 31, 2024 · Economics is the study of how people allocate scarce resources for production, distribution, and consumption, both individually and collectively. The two … WebSynonyms for ECONOMICAL: economizing, frugal, saving, thrifty, prudent, conserving, provident, sparing; Antonyms of ECONOMICAL: wasteful, profligate, spendthrift ...
Economically - Definition, Meaning & Synonyms
WebMar 24, 2024 · economics, social science that seeks to analyze and describe the production, distribution, and consumption of wealth. In the 19th century economics was the hobby of gentlemen of leisure and … Webadverb. in a thrifty or frugal manner; with economy. as regards the efficient use of income and wealth: economically feasible proposals. as regards one's personal … history of psychology in egypt
Economically sound definition and meaning - Collins Dictionary
WebOpportunity cost is the value of the best opportunity forgone in a particular choice. It is not simply the amount spent on that choice. The concepts of scarcity, choice, and opportunity cost are at the heart of economics. A … WebDefinition. The percent of students in poverty in school districts as defined by the Ohio Department of Education (ODE). It is also referred to as Economic Disadvantage. This is a student based indicator that reflects the portion of a district’s student population that meets any of the following conditions: Students who are known to be ... WebEconomy. An economy is a system of making and trading things of value. It is usually divided into goods (materials and objects) and services (things people do). An economy assumes that there is a medium of exchange, which, in the modern world, is called ' finance '. This makes trade possible. history of psychics