46
edits
Changes
Jump to navigation
Jump to search
Line 1:
Line 1: − + +
Changed wording to reflect the fact that an economy is not based on money BY DEFINITION. The article still needs improving and expanding.
An '''economy''' is the system of earning, saving and spending [[money]]. Various economic systems exist and have existed around the [[world]].
An '''economy''' is the system of producing, distributing and consuming goods and services; virtually all modern economies are based on [[money]]. Before the invention of [[currency]], most economies were based on [[barter]]. Various economic systems exist and have existed around the [[world]].
== See also ==
== See also ==
*[[Capitalism]]
*[[Capitalism]]
*[[Communism]]
==External Links==
==External Links==