Economic progress

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The economy is a mechanism that allocates scarce resources among competing uses. One of the most crucial parts of any country which can make it powerful and outstanding is economic. Economic activity is what people do to cope with scarcity. It is obvious that any of us deals with things which are related to the economy every day. From a long time ago economist try to analyse the economy of each situation, to predict the …

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showed last 75 words of 1773 total
…have fewer children was overshadowed by the evidence of their past behaviour. We got familiar with these three economists and with their thought of future in economy. In my opinion we have to study each idea and think about it and find the best way for a better life .we can see in today's world rich countries and poor ones how ever economists theories can help us to have a economic view to our environment .