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www.reference.com/business-finance/non-economic-good-a3a5dd05dd418095

Non-economic goods are goods or services that are plentiful and free. Air and dirt are considered non-economic goods since they are neither scarce nor valuable.

www.reference.com/business-finance/economic-well-being-909c020bab9e11b1

Economic well-being is a person's or family's standard of living based primarily on how well they are doing financially. Economic well-being is measured by the government to determine how their citizens are faring, as it is integral in a person's overall well-being.

www.reference.com/world-view/definition-economic-rights-b68188bec4360380

Economic rights are part of a range of legal principles based on the philosophy of human cultural and social obligations in which economic equality and freedom are preserved. Economic and social rights are granted to Americans fulfilled by the government in an effort to ensure that citizens have the

www.reference.com/article/home-economics-acf6212973713ad5

Home economics is the field of study dealing with the management of the home and its place in the broader community. In the past, home economics, known to many simply as home ec, was strictly concerned with traditional homemaking and taught only to girls. Today, the field encompasses a broader range

www.reference.com/world-view/importance-economics-b2f8316c70f2f5

Economics and economic education are important for providing people with valuable insight into how foreign and domestic markets operate, which allows them to make reasoned and rational choices for short-term and long-term financial benefits. Studying economics also allows people to learn how to mana

www.reference.com/article/origin-economics-6d41c978dae0e7f4

Investopedia explains that the origin of economic thought lies with a man named Adam Smith who was heavily influenced by French writers and philosophers. Smith developed the discipline of economics as an alternative to French mercantilism, which was an easily exploited system that benefited the weal

www.reference.com/world-view/economic-factors-a0fcced2e4cd9ac3

Economic factors comprise the information that influences the value of an investment or business. When you are calculating the present and anticipated future value of an investment portfolio or a business, the economic factors are what you bear in mind. The primary economic factors are management, t

www.reference.com/article/three-economic-systems-68353c9bba89a5

The three economic systems are the traditional, command and market economic systems. Different countries use different economic systems.

www.reference.com/world-view/economic-region-62746b8958d5b492

An economic region is an area in which particular types of commerce take place based on administrative or geographical boundaries. These boundaries come in the form of state lines, international borders or natural geographic landmarks. Other factors, including the migration of labor, the consumer’s

www.reference.com/world-view/economic-globalization-3c715a10c2794972

Economic globalization is the increasing interdependence of national economies that has resulted from growing levels of trade between nations. This integration of the world's economies is possible as a result of technological advancements that allow for quicker communication around the world, as wel