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An economy consists of the realized economic system of a country or other area, the labor, capital and land resources, and the economic agents that socially participate in the production, exchange, distribution, and consumption of goods and services of that area. A given economy is the end result of a process that involves its technological evolution, history and social organization, as well as its geography, natural resource endowment, and ecology, as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions.
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Short news
- Wall Street faces an economy at a 'crossroads'
- Dow back in the black for 2010
- Oil roars into September 'like a lion'
- Treasurys fall on upbeat manufacturing data
- Dollar slips on return to risk
- Saks stock shoots up 20% on buyout rumors
- Global economy going nowhere fast
- BlackBerry crumble: Why RIM is in trouble
- Stocks slump at the close
- Treasurys edge higher
- Stocks in for summer slip 'n' slide
- Stocks that can take a double dip
- Dollar advances on global slowdown fears
- European stocks: Still valuable
- Why does everyone hate Microsoft?
- Dollar hits 15-year low against yen