the world econimics has been taken from greek word oikos and nemein ture or false
Answers
Answer:
False......
it is derived from eco and nomos
The Greek terms "eco" (house) and "nomos" (accounts) are where the word "economics" originates.
Explanation: The social science of economics focuses on the creation, exchange, and consumption of goods and services. The topic has grown in scope over time, moving beyond its original focus on how to maintain family accounts. Since the 19th century, the scope of economics has expanded at an increasingly rapid rate.
Economics is the study of how economies function and the activities and interactions of economic agents. Microeconomics is a branch of economics that studies individual actors and markets, as well as how they interact and what happens as a result of those interactions. Macroeconomics examines the economy as a system in which production, consumption, saving, and investment coexist, as well as factors influencing it such as the employment of labour, capital, and land resources, currency inflation, economic growth, and public policies that have an effect on these components.
To learn more about economics, click on the links below:
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