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Oksanka [162]
3 years ago
11

Show the different measuring instruments to be used in the economic/business system of the new civilization.

Mathematics
1 answer:
melomori [17]3 years ago
6 0

Answer:

The different measuring instruments to be used in the economic/business system of the new civilization is discussed below in detail.

Step-by-step explanation:

Economics is the research of how people allocate limited resources for generation, circulation, and consumption, both personally and collectively.

Two significant types of economics are microeconomics, which concentrates on the performance of individual customers and generators, and macroeconomics, which measures overall economies on a local, nationwide, or global scale.

Economics is especially concerned with performance in generation and exchange and practices models and opinions to assume how to generate incentives and procedures that will maximize productivity.

Economists formulate and announce numerous economic symbols, such as the Consumer Price Index (CPI). and gross domestic product (GDP).

Capitalism, communism, and socialism are examples of economic systems.

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