Question

The word MICRO has been derived from which word​

Answer 1

The word Micro has been derived from the word Mikro.

• Micro is naturally derived from the Greek word "Mikro" which denotes small.  
• It equally refers to something that is minute in considerable scope or specific capability.
• The word micro is further related to microcomputers or also of or relating to microeconomics.
• Other notable examples typically include a microwave, a microphone or a micromanager.

Answer 2

The word MICRO has been derived from the Greek word "mikro" which means small.

• In 1933, the whole of Economics has been divided into two parts as Micro Economics and Macro Economics by Ragnar Frisch.

• Micro and Macro words are derived from two Greek words 'mikros' and 'makros' which means small and large respectively.

• Micro economy studies the actions of small businesses. It mainly deals with a specific business or individual.

• Macro Economics studies the actions of the whole economy but not a single unit It deals with National income, poverty, unemployment, etc.