Economy

Economy (from etc.-Greek οἶκος - house and νόμος - rule, law, literally «the rules of the economy») [1] - economic activity of the company, as well as a set of relations formed in the system of production, distribution, exchange and consumption.

For the first time in the scientific work of the word «economy» appears in the IV century B.C. by Xenophon, who calls it a «natural science». Aristotle contrasted the economy хрематистике - the branch of human activity, connected with the extraction of benefit. In modern philosophy economy is considered as a system of social relations, considered from the position of the concept of value. The main function of the economy is to constantly create such goods, which are necessary for the life of the people and without which society could not develop. Economy helps to satisfy human needs in a world with limited resources.

Economy of society is a complex and all-encompassing body, which provides the vital functions of each individual and of society.