The way a society makes and spends money is

History

1 answer:

shepuryov [24]3 years ago

6 0

<u>Answer:</u>

The way a society makes and spends money is "its aggregate economic behavior".

<u>Explanation:</u>

The economic behavior studies the influence of emotional, psychological, economic, cognitive, social and cultural factors on individuals and institutions ' decisions. The nations have image of their economy is the result of public and private sector efforts within society in order to generate money and follow by expenditure.

For example Arab countries like Saudi Arab, Iran etc fetch out their economy from crude oil trading which depicts the social environment of nation and people relying on such sources. Kuwait's currency is the most expensive in overall world which gives idea about the spending and making of people.

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