The English word that comes from the Greek word for "one who manages a household" is: a) market, b) consumer, c) producer, d) economy

Business Dec 10, 2020

The English word that comes from the Greek word for "one who manages a household" is:

a) market,

b) consumer,

c) producer,

d) economy.

Expert Solution

The answer is d).

The Greek word "oikonomos" means "one who manages a household", and is the original of the modern English word "economy". A branch of economics, household economics, is very close in spirit to the original Greek word.

Archived Solution

Unlocked Solution

You have full access to this solution. To save a copy with all formatting and attachments, use the button below.

Already a member? Sign In

Important Note: This solution is from our archive and has been purchased by others. Submitting it as-is may trigger plagiarism detection. Use it for reference only.

For ready-to-submit work, please order a fresh solution below.

Or get 100% fresh solution

Get Custom Quote