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The Economy - Coggle Diagram
The Economy
Things that might affect the economy
Employment and wages
Prices and interest rates
Taxes and finance
GDP
The government
Things that might help the economy:
Money
Government
Trading
Jobs
What is the economy related to?
Money
GDP
Taxes, Finance
What can the government do to help the economy?
Address social issues
Increase their support
provide jobs and businesses
What is the economy?
The state of a country/region, including the presumption and consumption of goods and/or services, and also the supply of money
How many countries have an economy?
17 Countries or collectives:
Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Spain, Turkey, the United Kingdom, the United States and the European Union.
How does the economy make money?
The economy trades the portable representations of their production value (money) for other goods and services. The total sum of these productive efforts is referred to as an economy.