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DAILY KOS TAG

Economy

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Economy refers to all of the activities by humans and exchanges between humans that are necessary to sustain and improve life. Etymologically, the word economy comes from the Greek oikos (home) and nomos (managing). While ecology has similar origins, too often they are not directly linked. Economy is conventionally treated as the summary of the current soundness of financial indicators like jobs and job growth, economic productivity and output, and can be measured by a wide range of other factors such as the national debt and the trade deficit, unemployment rates, and GDP.

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