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Economy

(6,870 words)

Author(s): Sautter, Hermann | Rüpke, Jörg | Schneider, Helmuth | Otto, Eckart | Penslar, Derek | Et al.
[German Version] I. The Concept – II. Economic Systems and their Theories – III. Economy and Religion I. The Concept The term economy encompasses the totality of all individual actions and social interactions that serve to produce goods (commodities or services [Service sector]) for the purpose of satisfying human needs (Consumption). As a rule, the “production” of commodities means that human labor and …