Showing posts with label micro. Show all posts
Showing posts with label micro. Show all posts

Tuesday, May 28, 2024

What is an economy?

Every generation needs a revolution - an entrepreneurial revolution

The word economy is a big word.   We go back to Adam Smith.  and many other Economy guru.  
We talk about macro and micro economy

This post would tend to favor micro.  It is about a buyer and seller changing goods and currency, from producer to consumer    The activities could  be less or more. or plentiful

Growth means more transactions, stagnation means same number of transactions.   Decline or recession means less transaction

Sales activities have something to do with economy.

Sales makes the economic world go round.