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Which of the following is true about economics (based on lecture-choose all that apply): Group of answer choices It derives in part from the Greek
Which of the following is true about economics (based on lecture-choose all that apply): Group of answer choices It derives in part from the Greek "nomos" meaning judicious management, denoting care. Chremastistics was an ancient Greek word which is a synonym for economics. Based on its original meaning in Greek, economics should emphasize care of our common home over making money. It derives in part from the Greek word "oikos," meaning the household or home. Thales of Miletus used olive presses to demonstrate how economics is the art of generating profit
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