Economy comprises the economic system of a country or a region, 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.
The Economic System is the structure that guides production and all the other relationship systems that are related to, or it is open to submission from different areas of research covering issues related to broader aspects of financial and economic systems, including private and state banking, financial markets, and development, macro and micro policies and their effects, and other traditional issues critical in developed, developing, and emerging economies [4].
In a simple definition, economy is the social science that analyzes the production, distribution, and consumption of goods and services [5]. By another definition, economics is the social science that examines how people choose to use limited or scarce resources in attempting to satisfy their unlimited wants [6]. Or this definition: An entire network of producers, distributors, and consumers of goods and services in a local, or national, community [7].
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 [8], topics which are outside the scope of this article.
Every person belonging to an economic system may expect a fair distribution, but as mentioned above most governments (like Afghanistan, Iran, Pakistan, Middle East, and some countries of Africa, Asia, and Latin America etc.) do service this facility only to their relatives, ethnicity, and their supporters.
It is clear, that if production was distributed fairly it would give opportunity to develop all parts of the people in all directions, and the result would be a general improvement of life and multidimensional progress. But this remains a dream.
The continuation of the current situation will increasingly be causing distrust between peoples and governments, individuals and groups, ethnic groups, and nationalities. Indeed, the problem between governments and people manifests itself around the World, like in the Middle East or in the distance between the Obama team and the US people.
In Afghanistan, we see growth of many type of conflicts (ethnic, language, regional, religious, parties and so on), with each ethnic group seeing only to their own interests so that today we have in Afghanistan ethnic cultures, economic positions (as the porterage job to Hazara etnics, the governance and macro-trade jobs for the Pashtuns and Tajiks, small business and jobs to other small nations and so on) and each of them strive to maintain and insulate their position. The people accepts this as a permanent situation and a just one, conserving their identities and cultures.
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[4] Richard Frensch, Managing Editor, Economic Systems and Ali M. Kutan, Co-Editor, Economic Systems from “journal Economic Systems”), in network address: (http://www.elsevier.com/framework_products/promis_misc/ecosys-for%20contributors0211.pdf).
[5] http://en.wikipedia.org/wiki/Economics.
[6] http://ingrimayne.com/econ/Introduction/Defintns.html.
[7] http://www.businessdictionary.com/definition/economy.html.
[8] http://en.wikipedia.org/wiki/Economy.
afgeopol@gmail.com
The Economic System is the structure that guides production and all the other relationship systems that are related to, or it is open to submission from different areas of research covering issues related to broader aspects of financial and economic systems, including private and state banking, financial markets, and development, macro and micro policies and their effects, and other traditional issues critical in developed, developing, and emerging economies [4].
In a simple definition, economy is the social science that analyzes the production, distribution, and consumption of goods and services [5]. By another definition, economics is the social science that examines how people choose to use limited or scarce resources in attempting to satisfy their unlimited wants [6]. Or this definition: An entire network of producers, distributors, and consumers of goods and services in a local, or national, community [7].
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 [8], topics which are outside the scope of this article.
Every person belonging to an economic system may expect a fair distribution, but as mentioned above most governments (like Afghanistan, Iran, Pakistan, Middle East, and some countries of Africa, Asia, and Latin America etc.) do service this facility only to their relatives, ethnicity, and their supporters.
It is clear, that if production was distributed fairly it would give opportunity to develop all parts of the people in all directions, and the result would be a general improvement of life and multidimensional progress. But this remains a dream.
The continuation of the current situation will increasingly be causing distrust between peoples and governments, individuals and groups, ethnic groups, and nationalities. Indeed, the problem between governments and people manifests itself around the World, like in the Middle East or in the distance between the Obama team and the US people.
In Afghanistan, we see growth of many type of conflicts (ethnic, language, regional, religious, parties and so on), with each ethnic group seeing only to their own interests so that today we have in Afghanistan ethnic cultures, economic positions (as the porterage job to Hazara etnics, the governance and macro-trade jobs for the Pashtuns and Tajiks, small business and jobs to other small nations and so on) and each of them strive to maintain and insulate their position. The people accepts this as a permanent situation and a just one, conserving their identities and cultures.
---
[4] Richard Frensch, Managing Editor, Economic Systems and Ali M. Kutan, Co-Editor, Economic Systems from “journal Economic Systems”), in network address: (http://www.elsevier.com/framework_products/promis_misc/ecosys-for%20contributors0211.pdf).
[5] http://en.wikipedia.org/wiki/Economics.
[6] http://ingrimayne.com/econ/Introduction/Defintns.html.
[7] http://www.businessdictionary.com/definition/economy.html.
[8] http://en.wikipedia.org/wiki/Economy.
afgeopol@gmail.com
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