Economy

Economy

The word “Economy” must surely have been inspired by women’s actions. It is constructed by two other words, that is, “Οίκος” (Ecos-house) and “Νόμος” (Nomos-Law). It therefore means “The law of the house”. The term expanded its applications spectrum through the years and acquired its new meaning as “the idea of a legislation concerning the procedures, priorities and uses of available means and time, powered by a surviving goal, within a bordered environment”, was applied to wider social structures such as a society’s set of financial laws.

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