Economy

What does it mean?
A set of interrelated economic production and consumption activities.

In Other Words...
The economy encompasses everything related to the production and consumption of goods and services in an area.

Related Links
Economics Basics Tutorial - Learn economics principles such as the relationship of supply and demand, elasticity, utility, and more!

The Federal Reserve (the Fed) Tutorial - Few organizations can move the market like the Federal Reserve. As an investor, it's important to understand exactly what the Fed does and how it influences the economy.

Related Terms
Business Cycle | Capitalism | Economics | Inflation

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